Saturday, January 12, 2013

TitZ-practice

Well, TitZ is Trading in the Zone, probably the most essential book you'll have to read about trading and psychology in trading. 
(What did you think? TitZ... Shame on you!) 

Well, there is a good excersize in the end, that I won't give away too much about, nor the reasons (in case you have to read it yourself, I won't spoil it too much), but 20 excersize-trades are suggested. 
I'm gonna do them, and hope that my Zone-feeling returns. 

Here was today's trade. A winner, and a good start to the experiment. 
(A winner reaches Risk*1, not 20 pips. A partial winner is 1,5-3 pips.)



For the sake of this experiment, I'm going to rate every trade after it's success... or at least sort of. 
A winner will be 2, and a partial winner will be 1. 0 is given if no pips whatsoever was had. 
(The third trade is ignored.)
So far, 2/2. 

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