London Session
We traded the GBPUSD. We picked up +13.3 pips, which is +1/4%. Although I have not yet hit my goal for the day, I have more than what I started with, so I am not complaining.
Trading is not easy, but it is worth it. All of the traders in the trading room and I are putting in some very log hours, but then again, that is what successful people do. My motto is: "Do today what others' won't, so tomorrow you can live, like others' can't.
I selected both the GBPUSD and USDCAD to watch because of the 6 MAJOR pairs, these two, and the USDJPY were the top 3 with the highest ADR. I chose to drop the JPY, as it was the lowest of the two, so I watched both of the remaining pairs, and when the GPBUSD offered me a trade, I took it!
US Session
It happened...I saw and took a "Charles' Setup". It was calling my name. I could not resist it. Before I could stop myself. I opened the trade. I immediately knew I needed help. Serious. Help. I broke my own rule to ONLY trade MESA setups. At that moment, I realized that I was...well.. human. I put on a non MESA trade.
After giving myself a good mental tongue lashing, and seeing in my mind all of the traders that I had "crucified" for doing the exact same thing I had just done, (oh the shame...) I closed the trade ( after it was in profit, of course) and I turned off my MT4 platform, and vowed NEVER to do that again...
Hmm... Didn't I make some New Years resolutions that did not last for more than 15 seconds into the New Year? Anyway, I digress.... Lesson learned.
I will NOT take ANY trade setups that are NOT MESA Trading Method Setups..
I am ending the day with $1,064.18.
I did not make my goal today.
I did not lose any money today.
Today was a good day.
See you all tomorrow. It is now time for some well deserved sleep.
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