Changes for page ICT YT - 2020-08-07 - What Journals I Use and An Example Entry.srt


on 2020-11-20 17:03


on 2021-06-07 05:25
Summary
Details
- Page properties
-
- Parent
-
... ... @@ -1,1 +1,1 @@ 1 -Forex.The-Inner-Circle-Trader. srt.WebHome1 +Forex.The-Inner-Circle-Trader.ICT-Youtube-Series-2020.WebHome - Content
-
... ... @@ -1,275 +1,275 @@ 1 1 1 2 -00:00:01,170 --> 00:00:04,890 2 +00:00:01,170 ~-~-> 00:00:04,890 3 3 ICT: Alright guys, we are looking at some of the journals 4 4 5 5 2 6 -00:00:04,890 --> 00:00:10,800 6 +00:00:04,890 ~-~-> 00:00:10,800 7 7 that I use when I'm logging all my experiences for the week. 8 8 9 9 3 10 -00:00:11,610 --> 00:00:15,390 10 +00:00:11,610 ~-~-> 00:00:15,390 11 11 And I'm gonna give you a just a snapshot Obviously, I'm not 12 12 13 13 4 14 -00:00:15,390 --> 00:00:21,660 14 +00:00:15,390 ~-~-> 00:00:21,660 15 15 gonna give you everything because journals are personal. And 16 16 17 17 5 18 -00:00:23,220 --> 00:00:31,170 18 +00:00:23,220 ~-~-> 00:00:31,170 19 19 this is a brand new one, so it's a virgin. You can see it's 20 20 21 21 6 22 -00:00:33,060 --> 00:00:36,870 22 +00:00:33,060 ~-~-> 00:00:36,870 23 23 very nice, nice leather. Now you don't have to go into 24 24 25 25 7 26 -00:00:37,050 --> 00:00:39,930 26 +00:00:37,050 ~-~-> 00:00:39,930 27 27 journaling, like this. I've always used journals like this 28 28 29 29 8 30 -00:00:39,930 --> 00:00:44,970 30 +00:00:39,930 ~-~-> 00:00:44,970 31 31 for at least the last 16 years or so. I wanted this style. 32 32 33 33 9 34 -00:00:45,390 --> 00:00:52,500 34 +00:00:45,390 ~-~-> 00:00:52,500 35 35 This is actually a beautiful paper, it feels like linen. So 36 36 37 37 10 38 -00:00:52,530 --> 00:00:54,960 38 +00:00:52,530 ~-~-> 00:00:54,960 39 39 I'm not sure if it would be something that you like to do, 40 40 41 41 11 42 -00:00:54,960 --> 00:01:00,570 42 +00:00:54,960 ~-~-> 00:01:00,570 43 43 but for me, I've always found it. Just it's the hand submits 44 44 45 45 12 46 -00:01:00,570 --> 00:01:04,470 46 +00:01:00,570 ~-~-> 00:01:04,470 47 47 it to me, I look at my recordings and my journal entries as 48 48 49 49 13 50 -00:01:04,470 --> 00:01:09,090 50 +00:01:04,470 ~-~-> 00:01:09,090 51 51 something that's well intimate and precious to me. And I'm 52 52 53 53 14 54 -00:01:09,090 --> 00:01:13,620 54 +00:01:09,090 ~-~-> 00:01:13,620 55 55 going to put them in something that's going to be. Well, 56 56 57 57 15 58 -00:01:14,760 --> 00:01:18,420 58 +00:01:14,760 ~-~-> 00:01:18,420 59 59 interesting. Okay, it's not a plain white piece of paper. So 60 60 61 61 16 62 -00:01:18,420 --> 00:01:23,670 62 +00:01:18,420 ~-~-> 00:01:23,670 63 63 what I generally do is every entry is all of this over here 64 64 65 65 17 66 -00:01:23,670 --> 00:01:29,190 66 +00:01:23,670 ~-~-> 00:01:29,190 67 67 has trade related things. Things, I'm looking for key levels 68 68 69 69 18 70 -00:01:29,340 --> 00:01:33,720 70 +00:01:29,340 ~-~-> 00:01:33,720 71 71 of potential setups, and over here will give me things that 72 72 73 73 19 74 -00:01:33,720 --> 00:01:36,240 74 +00:01:33,720 ~-~-> 00:01:36,240 75 75 I have to worry about in terms of psychological things, 76 76 77 77 20 78 -00:01:36,720 --> 00:01:39,870 78 +00:01:36,720 ~-~-> 00:01:39,870 79 79 things that I'm going through on a personal level, which is 80 80 81 81 21 82 -00:01:39,870 --> 00:01:42,570 82 +00:01:39,870 ~-~-> 00:01:42,570 83 83 the reason why you're not going to see my journal because I 84 84 85 85 22 86 -00:01:42,570 --> 00:01:44,430 86 +00:01:42,570 ~-~-> 00:01:44,430 87 87 don't want to go through the process of only looking at it 88 88 89 89 23 90 -00:01:44,430 --> 00:01:47,520 90 +00:01:44,430 ~-~-> 00:01:47,520 91 91 like this. And it doesn't give you a real clear depiction of 92 92 93 93 24 94 -00:01:48,240 --> 00:01:51,750 94 +00:01:48,240 ~-~-> 00:01:51,750 95 95 what I use for journal and I'm going to give you really the, 96 96 97 97 25 98 -00:01:52,200 --> 00:01:59,580 98 +00:01:52,200 ~-~-> 00:01:59,580 99 99 the view of what it looks like in a snapshot view what I get 100 100 101 101 26 102 -00:01:59,580 --> 00:02:03,570 102 +00:01:59,580 ~-~-> 00:02:03,570 103 103 these off Amazon, I used to pay a little bit more than I do 104 104 105 105 27 106 -00:02:03,570 --> 00:02:06,780 106 +00:02:03,570 ~-~-> 00:02:06,780 107 107 now, getting it from the producer, but for whatever reason 108 108 109 109 28 110 -00:02:06,780 --> 00:02:10,800 110 +00:02:06,780 ~-~-> 00:02:10,800 111 111 they sell them on Amazon for a better price. So I buy about 112 112 113 113 29 114 -00:02:10,860 --> 00:02:16,170 114 +00:02:10,860 ~-~-> 00:02:16,170 115 115 12 to 15 of them at a time. So it gives me approximately 116 116 117 117 30 118 -00:02:16,170 --> 00:02:20,790 118 +00:02:16,170 ~-~-> 00:02:20,790 119 119 about 1314 months. So it usually takes me to get through one 120 120 121 121 31 122 -00:02:20,790 --> 00:02:27,120 122 +00:02:20,790 ~-~-> 00:02:27,120 123 123 journal and also journal. My my dreams I've done this since 124 124 125 125 32 126 -00:02:27,120 --> 00:02:31,170 126 +00:02:27,120 ~-~-> 00:02:31,170 127 127 I was a teenager. So this isn't really anything to do with 128 128 129 129 33 130 -00:02:31,200 --> 00:02:36,300 130 +00:02:31,200 ~-~-> 00:02:36,300 131 131 trading, but I got asked that talk about that as well. I'm 132 132 133 133 34 134 -00:02:36,300 --> 00:02:38,610 134 +00:02:36,300 ~-~-> 00:02:38,610 135 135 not sure why this question is important in terms of 136 136 137 137 35 138 -00:02:38,610 --> 00:02:42,780 138 +00:02:38,610 ~-~-> 00:02:42,780 139 139 answering but this is the pen of asked what pen I use in my 140 140 141 141 36 142 -00:02:42,780 --> 00:02:47,910 142 +00:02:42,780 ~-~-> 00:02:47,910 143 143 journal. And I use this one simply because the paper and my 144 144 145 145 37 146 -00:02:47,910 --> 00:02:52,980 146 +00:02:47,910 ~-~-> 00:02:52,980 147 147 journals are just really nice. It takes that ink very well. 148 148 149 149 38 150 -00:02:53,610 --> 00:02:56,460 150 +00:02:53,610 ~-~-> 00:02:56,460 151 151 But here's what you probably been waiting for. And it's not 152 152 153 153 39 154 -00:02:56,460 --> 00:03:01,050 154 +00:02:56,460 ~-~-> 00:03:01,050 155 155 overwhelming. No. But this is generally what my My journal 156 156 157 157 40 158 -00:03:01,050 --> 00:03:05,010 158 +00:03:01,050 ~-~-> 00:03:05,010 159 159 entries look like I sit down and I usually doodle something. 160 160 161 161 41 162 -00:03:05,280 --> 00:03:08,370 162 +00:03:05,280 ~-~-> 00:03:08,370 163 163 And I apologize if you hear anything outside because they're 164 164 165 165 42 166 -00:03:08,370 --> 00:03:12,210 166 +00:03:08,370 ~-~-> 00:03:12,210 167 167 installing a new heating element in my driveway. So when it 168 168 169 169 43 170 -00:03:12,300 --> 00:03:15,240 170 +00:03:12,300 ~-~-> 00:03:15,240 171 171 gets cold, it'll be able to melt this now and such, but 172 172 173 173 44 174 -00:03:15,570 --> 00:03:21,480 174 +00:03:15,570 ~-~-> 00:03:21,480 175 175 usually some kind of a doodle or draw. And just, I've always 176 176 177 177 45 178 -00:03:21,480 --> 00:03:28,050 178 +00:03:21,480 ~-~-> 00:03:28,050 179 179 done that. So they may not always be Asian centered, or 180 180 181 181 46 182 -00:03:28,050 --> 00:03:31,740 182 +00:03:28,050 ~-~-> 00:03:31,740 183 183 martial arts centering, but there's usually some kind of a 184 184 185 185 47 186 -00:03:32,160 --> 00:03:36,720 186 +00:03:32,160 ~-~-> 00:03:36,720 187 187 doodle shots in the lower right hand corner of the journal 188 188 189 189 48 190 -00:03:36,720 --> 00:03:40,170 190 +00:03:36,720 ~-~-> 00:03:40,170 191 191 here. And then I just write down the information that has my 192 192 193 193 49 194 -00:03:40,170 --> 00:03:44,580 194 +00:03:40,170 ~-~-> 00:03:44,580 195 195 expectations for the week. And this was my Monday's journal 196 196 197 197 50 198 -00:03:44,580 --> 00:03:51,780 198 +00:03:44,580 ~-~-> 00:03:51,780 199 199 entry in this journal. You can see like I said, if if people 200 200 201 201 51 202 -00:03:51,780 --> 00:03:53,910 202 +00:03:51,780 ~-~-> 00:03:53,910 203 203 see these things, it doesn't really mean a whole lot to 204 204 205 205 52 206 -00:03:53,910 --> 00:03:56,400 206 +00:03:53,910 ~-~-> 00:03:56,400 207 207 anyone, especially if you're not familiar with mine 208 208 209 209 53 210 -00:03:56,610 --> 00:04:01,530 210 +00:03:56,610 ~-~-> 00:04:01,530 211 211 information and my concepts but things before For, and this 212 212 213 213 54 214 -00:04:01,530 --> 00:04:05,550 214 +00:04:01,530 ~-~-> 00:04:05,550 215 215 is, again, one small little area where I'm not trying to 216 216 217 217 55 218 -00:04:05,550 --> 00:04:09,390 218 +00:04:05,550 ~-~-> 00:04:09,390 219 219 make that public. These are personal things that are on my 220 220 221 221 56 222 -00:04:09,390 --> 00:04:13,080 222 +00:04:09,390 ~-~-> 00:04:13,080 223 223 mind. And I do a wellness in focus things I'm going to be 224 224 225 225 57 226 -00:04:13,140 --> 00:04:18,090 226 +00:04:13,140 ~-~-> 00:04:18,090 227 227 worrying about conquering for that particular trading day or 228 228 229 229 58 230 -00:04:18,090 --> 00:04:20,760 230 +00:04:18,090 ~-~-> 00:04:20,760 231 231 week and keeping them in focus. And then I have the weekly 232 232 233 233 59 234 -00:04:20,760 --> 00:04:23,430 234 +00:04:20,760 ~-~-> 00:04:23,430 235 235 calendar, big rocks, which is basically the events I'm 236 236 237 237 60 238 -00:04:23,430 --> 00:04:26,400 238 +00:04:23,430 ~-~-> 00:04:26,400 239 239 looking for, that's going to be more impactful for the week. 240 240 241 241 61 242 -00:04:27,090 --> 00:04:31,800 242 +00:04:27,090 ~-~-> 00:04:31,800 243 243 And then I go up here and I record what my expectations are 244 244 245 245 62 246 -00:04:31,800 --> 00:04:34,140 246 +00:04:31,800 ~-~-> 00:04:34,140 247 247 what I'm expecting to see things that are going to filter 248 248 249 249 63 250 -00:04:34,950 --> 00:04:38,370 250 +00:04:34,950 ~-~-> 00:04:38,370 251 251 for my trade decisions. And I try to keep them really short 252 252 253 253 64 254 -00:04:38,370 --> 00:04:40,410 254 +00:04:38,370 ~-~-> 00:04:40,410 255 255 and sweet and try not to have a whole lot of things and 256 256 257 257 65 258 -00:04:40,410 --> 00:04:44,010 258 +00:04:40,410 ~-~-> 00:04:44,010 259 259 moving parts, and I put in something that would be a filter 260 260 261 261 66 262 -00:04:44,190 --> 00:04:47,130 262 +00:04:44,190 ~-~-> 00:04:47,130 263 263 that would keep me from either participating again, or 264 264 265 265 67 266 -00:04:47,130 --> 00:04:51,390 266 +00:04:47,130 ~-~-> 00:04:51,390 267 267 engaging or what it would take for me to change my mind and 268 268 269 269 68 270 -00:04:51,390 --> 00:04:54,240 270 +00:04:51,390 ~-~-> 00:04:54,240 271 271 move to the sidelines. So anyway, I hope we found this 272 272 273 273 69 274 -00:04:54,240 --> 00:04:56,460 274 +00:04:54,240 ~-~-> 00:04:56,460 275 275 insightful and I'll talk to you next time.