all right what is good guys um welcome to another boot camp video um a lot of people have been asking for this how to journal trades because I talked about this um in the last video and everyone was like we want to know how to journal them also forgive me I'm currently in a trade right now on the S P um and it looks like it's about to hit take profit three so I have to if I have to stop something to manage my position and like let the Discord know I'm sorry but anyways we'll
get right into this um hold on let me just get my little trading view chart set up on my phone so I can put it right in front of me so I know when this thing gets hit um sorry setting this up uh okay cool bet all right so let's go over how to journal trades so ideally you want to cover everything and anything that could possibly affect the trade affect how you traded so you know every single component it's like looking at analytics um for like social media you know like oh well this video
was longer than other ones that I posted and it did a lot worse or this video I use this hashtag and it worked just as well or like this video I didn't do something or it didn't say something you know it's the it's the same type of thing but with training okay so what do we want to do we want to analyze every single thing about the trade okay so what does that come along with oh also um I realized I or I I notice in The Tick Tock comment section A lot of you guys
were saying hey make the videos shorter um just get straight to the point and for me I thought you guys wanted longer videos um so these videos will be a lot shorter now um like that's I I was fine like I was literally extending them as long as possible because I was like dude like most people are gonna be upset that it's a five minute video um but apparently you guys want me to get straight to the point so that's what we'll start doing all right so how to journal trades first thing we're gonna start
with is what pair are you trading okay ideally you guys are only trading one pair because you're not profitable yet that's why you're watching this boot camp so why are you looking at 10 different [ __ ] pairs when you can't even trade one profitably yet right so let's focus on just one literally go on your watch list and delete every single one of these and just have it so there's only one only one pair there um and just get really good at that pair Okay and like understand it okay so what pair was it
boom write it down all right and you can have these in like what I like to do is like in columns okay so like boom the pair the session confluences what risk and then like you know like you can you can kind of decide and configure how you wanna how you wanna do this in your notebook but I like doing it in like columns like a pair session confluences or pair session risk and then I write out my confluences and then like write out my whole thoughts and that's what's following okay so what pair was
it all right whether it was the s p GJ gold right and this will just add to more information for you to look back on okay moving forward what session was it ideally you're either trading New York session or London session and not Asian session I know a lot of you guys like trading Asian session I mean go for it if you find something that works for you but me personally I don't like waiting a whole hour for price to move five Pips you know it's it's just not worth it for me it shouldn't be
worth it to you that's during the day do something beneficial right either wake up early and trade a New York session or stay up real late and trade New York and trade wake up really early and trade New York session or stay up super late and trade London session when it's the most optimal time to trade right when there's the most volatility and the most volume within the markets moving forward what confluences cause you to take this trade okay so was it liquidity sweep break of structure was it liquidity sweep break of structure fair value
Gap was it liquidity sweep break of structure order block entry was it right like what were your confluences um and then also write down like what you saw in terms of daily bias for the day so like not only were your confluences liquidity Suite break of structure but also write down what you saw in higher time frames so was the daily was the daily inch like were you going along with the daily Market structure were you going along with four hour Market structure were you going along with one hour Market structure what were the markets
what was Market structure on the higher time frames and how um and how does that affect uh and how did that affect your trade right let's say the daily is bearish but you took a a buy position and you lost and you see that that has happened multiple multiple times and this is my journaling is helpful because you'll you'll re-read all over these things after you Journal them like look back on the week and say like hey I took a liquidity sweep and a break of structure while it like while just the one hour was
bullish but all the other higher time frames were bearish and I lost on all these trades now I know not to do that anymore okay so this is that's what this thing can help you with so make sure you write down every single Confluence on why you got in the trade what the daily was selling you what the four hour was telling you what the one hour was telling you what the 15 minute was telling you what building blocks on the 15 minute did you take the time did you take the position off of what
building blocks on the four hour on the one hour right write down every single Confluence every single reason that convinced you that this was a good trade to take okay moving forward what was your risk on the trade ideally it's one to three percent if it's anything more you're immediately doing something wrong um if it's anything less that's completely fine okay ideally it's one to three percent ideally just one percent per trade um or you're using that set calculated lock size or you've calculated every single time moving forward um so pair session and risk are
relatively easy it's just like one word okay you write it down it's just a data set confluences you're kind of writing out like in sentence form like I saw this on the daily I saw this on the four hour I saw this this this this this and then this caused me to enter moving forward did you follow your plan literally write out like yes I followed my plan because I took I took the trade off of a liquidity Suite break of structure order block entry and I waited for Confluence I waited for reaction and everything
was in line with my daily bias even just writing that out saying like yes I followed my plan and I did everything correct because I did this did this did this it'll it'll drill it into your head that hey this works for me so I'm going to want to keep doing it okay moving forward right if you didn't follow your plan write down what you didn't follow and odds are if you didn't follow your plan you probably lost so that should be another reminder hey follow your freaking trading plan moving forward emotions what emotions did
you feel were you scared of entering were you a little bit overconfident in a trade that you ended up losing um were you scared to enter a trade that you didn't actually end up taking and it won where you um greedy did you did you keep extending your take profit when you should have said it to certain areas that you knew could have given a reaction for price to reverse and you should have taken profits there but you didn't were you um were you greedy did you over risk um were you fearful about taking a
trade because you don't necessarily have the confidence yet you're you're not necessarily profitable you don't have the confidence to take a trade yet write that [ __ ] down and then write why you felt those emotions what emotions you felt and then why you felt them why did you feel greedy well price was booming in my direction and I thought it would keep going and you ended up losing the trade because of that so next time you feel those emotions understand hey maybe it's time to start taking profits maybe I need to look for areas
that could cause a reversal that's the things that will help you okay moving forward how to how can you improve how could you have it had a better trade How Could you um have improved your risk reward how could you have improved your execution how could you have improved your emotions okay whether it was a win or a loss there's always room to improve Okay so on wins right it's a lot harder to find areas for improvement okay but that's what I'm encouraging you guys to look for okay if you guys can sit down and
be like yeah I won but I could have done this better it'll only make your wins a lot better and your losses will just boom be even more minimal okay and then with your losers right that's super easy okay how could you have improved oh I only took it off of liquidity sweep and break of structure I should have waited for more confirmation oh how did I lose I went against my daily bias because I was I I was overconfident or I was um too too anxious to get into a trade so I took this
trade that I probably shouldn't have taken in the first place um how did I lose um I over risk I got too emotional and I cut it when price didn't even hit my stop loss um I placed my stop loss in the wrong area I should have taken profits at these certain building blocks that I didn't end up marking out because I thought price was going to go further all of that stuff can be used for improvements on how you can make your trading better okay and by journaling that it will it will literally be
just in your head so next time when you're trading you'll remember you'll be like oh hey remember last week when I went over my journal trades that I took this same exact thing happened to me I was feeling these same exact emotions maybe it's time to take profits oh the same exact setup happened and I lost on it maybe I shouldn't take it that's exactly what happened to me today if you watched the trade recap that has already been posted today I talk about how last week I was only taking like liquidity Suite break of
structure and we lost literally every single trade that we took last week but this week I was waiting for liquidity sweep breaking structure order block entry fair value Gap entry to give me more Confluence to give me more confirmation to enter into a trade and that helped us one avoid a loss today and two make me a lot of money today and we saw a price running in our Direction I'm literally looking at price right now it's about to hit our third take profit okay so by understanding all of that by journaling your trades it
helps you so so much okay and by actually writing it down not just looking over it and just saying in your head okay I won't do this again no write it down write down why you won't do it again because you [ __ ] lost money write down why you won't do it again because you want to actually be a good Trader okay these are all the things that contribute to you actually moving forward if you if you you know just keep taking trades over and over again but then show no and ambition or no
motivation to actually genuinely improve what do you think is going to happen if you give a mediocre effort towards this [ __ ] you're going to get mediocre results put your all into this and you will get results way faster than anybody else who's just taking it slow you know waking up right when Market opens half asleep and taking a trade and then not even journaling it after not even you know actually fully understanding why they took the trade and then they're like bet I'll just do it all again tomorrow I'm just unprofitable right now
this will all come with time no it won't it will not all come with time if you're not doing [ __ ] it will come with time if you're actually trying to move forward if you're actually trying to progress but it won't come with time if you're just going through the motions this is a very difficult thing 99 of people lose in this market so what makes you think you can put forward a mediocre effort if anything you need to be going [ __ ] balls of the wall with this [ __ ] and journaling
will help with that okay so that being said I don't want to Yap anymore um we'll we'll keep it nice and short solid little 12 minute video for you guys that being said I'll catch you boys tomorrow watch that trade recap if you haven't already um and we got another Vlog coming coming out to you guys today as well so that being said I'll catch you boys
