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


on 2021-06-07 05:25

on 2021-06-12 06:28
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... ... @@ -1,275 +1,29 @@ 1 -1 2 -00:00:01,170 ~-~-> 00:00:04,890 3 -ICT: Alright guys, we are looking at some of the journals 1 +(% class="hover min" %) 2 +|1 |00:00:01,170 ~-~-> 00:00:14,760 |ICT: Alright guys, we are looking at some of the journals that I use. When I'm logging all my experiences for the week and give you a just a snapshot, 3 +|2 |00:00:14,790 ~-~-> 00:00:33,780 |obviously, I'm not going to give you everything because journals are personal. And this is a brand new one, so it's a virgin. As you can see, it's very nice, 4 +|3 |00:00:34,200 ~-~-> 00:00:44,970 |nice leather. Now you don't have to go into journaling, like this, I've always used journals like this for at least last 16 years or so I went to this style, 5 +|4 |00:00:45,510 ~-~-> 00:00:59,760 |this is actually a beautiful paper, it feels like linen. So I'm not sure if it would be something you'd like to do. But for me, I've always found it. Just the 6 +|5 |00:00:59,760 ~-~-> 00:01:10,410 |handsome it's it to me, I look at my recordings and my journal entries as something that's well intimate and precious to me. And I want to put them in 7 +|6 |00:01:10,410 ~-~-> 00:01:23,670 |something that's going to be well, interesting. Okay, it's not a plain white piece of paper. So what I generally do is every entry is all of this over here 8 +|7 |00:01:23,670 ~-~-> 00:01:35,040 |has trade related things. Things I'm looking for key levels of potential setups in over here will give me things that I have to worry about in terms of 9 +|8 |00:01:35,040 ~-~-> 00:01:43,020 |psychological things, things that I'm going through on a personal level, which is the reason why you're not going to see my journal, because I don't want to go 10 +|9 |00:01:43,020 ~-~-> 00:01:51,330 |through the process of only looking at it like this. And it doesn't give you a real clear depiction of what I use for a journal. And I'm going to give you 11 +|10 |00:01:51,330 ~-~-> 00:02:05,310 |really the the view of what it looks like. In a snapshot view what I get these off of Amazon, I used to pay a little bit more than I do now, getting it from 12 +|11 |00:02:05,310 ~-~-> 00:02:16,170 |the producer, but for whatever reason they sell them on Amazon for a better price. So I buy about 12 to 15 of them at a time. So it gives me approximately 13 +|12 |00:02:16,170 ~-~-> 00:02:29,640 |about 1314 months. So it usually takes me to get through one journal, and also journal. My my dreams I've I've done this since I was a teenager. So this isn't 14 +|13 |00:02:29,640 ~-~-> 00:02:40,320 |really anything to do with trading. But I got asked to talk about that as well. I'm not sure why this question is important in terms of answering. But this is 15 +|14 |00:02:40,320 ~-~-> 00:02:54,000 |the pen of asked what pen I use my journal. And I use this one simply because the paper in my journals are just really nice. It takes that ink very well. But 16 +|15 |00:02:54,060 ~-~-> 00:03:03,540 |here's what you probably been waiting for. And it's not overwhelming, no. But this is generally what my, my journal entries look like, I sit down and I 17 +|16 |00:03:03,540 ~-~-> 00:03:12,900 |usually doodle something. And I apologize if you hear anything outside because they're installing a new heating element in my driveway. So when it gets cold, 18 +|17 |00:03:12,900 ~-~-> 00:03:27,330 |it'll be able to melt the snow and such. But I usually some kind of doodle or draw. And just I've always done that. So they may not always be Asian centered, 19 +|18 |00:03:27,840 ~-~-> 00:03:38,640 |or martial arts centered. But there's usually some kind of a doodle or sets in the lower right hand corner of the journal here. And then I just write down the 20 +|19 |00:03:38,640 ~-~-> 00:03:52,380 |information that has my expectations for the week. And this was my Monday's journal entry in this journal, you can see, like I said, if if people see these 21 +|20 |00:03:52,380 ~-~-> 00:04:01,320 |things, it doesn't really mean a whole lot to anyone, especially if you're not familiar with my information and my concepts. But the things I'm looking for in 22 +|21 |00:04:01,320 ~-~-> 00:04:12,150 |this is, again, one smaller area where I'm not trying to make that public. These are personal things that are on my mind. And I do have a wellness and a focus 23 +|22 |00:04:12,330 ~-~-> 00:04:21,330 |things I'm going to be worrying about conquering for that particular trading day or week and keeping them in focus. And then I have the weekly calendar big 24 +|23 |00:04:21,330 ~-~-> 00:04:30,990 |rocks, which is basically the events that I'm looking for, that's going to be more impactful for the week. And then I go up here and record what my 25 +|24 |00:04:30,990 ~-~-> 00:04:38,940 |expectations are what I'm expecting to see things that are going to filter for my trade decisions. And I've tried to keep them really short and sweet and try 26 +|25 |00:04:38,940 ~-~-> 00:04:47,160 |not to have a whole lot of things and moving parts and I put in something that would be a filter that would keep me from either participating again, or 27 +|26 |00:04:47,160 ~-~-> 00:04:56,220 |engaging or what it would take for me to change my mind and move to the sidelines. So anyway, I hope we found this insightful and I'll talk to you next 28 +|27 |00:04:56,220 ~-~-> 00:04:56,490 |time. 4 4 5 -2 6 -00:00:04,890 ~-~-> 00:00:10,800 7 -that I use when I'm logging all my experiences for the week. 8 - 9 -3 10 -00:00:11,610 ~-~-> 00:00:15,390 11 -And I'm gonna give you a just a snapshot Obviously, I'm not 12 - 13 -4 14 -00:00:15,390 ~-~-> 00:00:21,660 15 -gonna give you everything because journals are personal. And 16 - 17 -5 18 -00:00:23,220 ~-~-> 00:00:31,170 19 -this is a brand new one, so it's a virgin. You can see it's 20 - 21 -6 22 -00:00:33,060 ~-~-> 00:00:36,870 23 -very nice, nice leather. Now you don't have to go into 24 - 25 -7 26 -00:00:37,050 ~-~-> 00:00:39,930 27 -journaling, like this. I've always used journals like this 28 - 29 -8 30 -00:00:39,930 ~-~-> 00:00:44,970 31 -for at least the last 16 years or so. I wanted this style. 32 - 33 -9 34 -00:00:45,390 ~-~-> 00:00:52,500 35 -This is actually a beautiful paper, it feels like linen. So 36 - 37 -10 38 -00:00:52,530 ~-~-> 00:00:54,960 39 -I'm not sure if it would be something that you like to do, 40 - 41 -11 42 -00:00:54,960 ~-~-> 00:01:00,570 43 -but for me, I've always found it. Just it's the hand submits 44 - 45 -12 46 -00:01:00,570 ~-~-> 00:01:04,470 47 -it to me, I look at my recordings and my journal entries as 48 - 49 -13 50 -00:01:04,470 ~-~-> 00:01:09,090 51 -something that's well intimate and precious to me. And I'm 52 - 53 -14 54 -00:01:09,090 ~-~-> 00:01:13,620 55 -going to put them in something that's going to be. Well, 56 - 57 -15 58 -00:01:14,760 ~-~-> 00:01:18,420 59 -interesting. Okay, it's not a plain white piece of paper. So 60 - 61 -16 62 -00:01:18,420 ~-~-> 00:01:23,670 63 -what I generally do is every entry is all of this over here 64 - 65 -17 66 -00:01:23,670 ~-~-> 00:01:29,190 67 -has trade related things. Things, I'm looking for key levels 68 - 69 -18 70 -00:01:29,340 ~-~-> 00:01:33,720 71 -of potential setups, and over here will give me things that 72 - 73 -19 74 -00:01:33,720 ~-~-> 00:01:36,240 75 -I have to worry about in terms of psychological things, 76 - 77 -20 78 -00:01:36,720 ~-~-> 00:01:39,870 79 -things that I'm going through on a personal level, which is 80 - 81 -21 82 -00:01:39,870 ~-~-> 00:01:42,570 83 -the reason why you're not going to see my journal because I 84 - 85 -22 86 -00:01:42,570 ~-~-> 00:01:44,430 87 -don't want to go through the process of only looking at it 88 - 89 -23 90 -00:01:44,430 ~-~-> 00:01:47,520 91 -like this. And it doesn't give you a real clear depiction of 92 - 93 -24 94 -00:01:48,240 ~-~-> 00:01:51,750 95 -what I use for journal and I'm going to give you really the, 96 - 97 -25 98 -00:01:52,200 ~-~-> 00:01:59,580 99 -the view of what it looks like in a snapshot view what I get 100 - 101 -26 102 -00:01:59,580 ~-~-> 00:02:03,570 103 -these off Amazon, I used to pay a little bit more than I do 104 - 105 -27 106 -00:02:03,570 ~-~-> 00:02:06,780 107 -now, getting it from the producer, but for whatever reason 108 - 109 -28 110 -00:02:06,780 ~-~-> 00:02:10,800 111 -they sell them on Amazon for a better price. So I buy about 112 - 113 -29 114 -00:02:10,860 ~-~-> 00:02:16,170 115 -12 to 15 of them at a time. So it gives me approximately 116 - 117 -30 118 -00:02:16,170 ~-~-> 00:02:20,790 119 -about 1314 months. So it usually takes me to get through one 120 - 121 -31 122 -00:02:20,790 ~-~-> 00:02:27,120 123 -journal and also journal. My my dreams I've done this since 124 - 125 -32 126 -00:02:27,120 ~-~-> 00:02:31,170 127 -I was a teenager. So this isn't really anything to do with 128 - 129 -33 130 -00:02:31,200 ~-~-> 00:02:36,300 131 -trading, but I got asked that talk about that as well. I'm 132 - 133 -34 134 -00:02:36,300 ~-~-> 00:02:38,610 135 -not sure why this question is important in terms of 136 - 137 -35 138 -00:02:38,610 ~-~-> 00:02:42,780 139 -answering but this is the pen of asked what pen I use in my 140 - 141 -36 142 -00:02:42,780 ~-~-> 00:02:47,910 143 -journal. And I use this one simply because the paper and my 144 - 145 -37 146 -00:02:47,910 ~-~-> 00:02:52,980 147 -journals are just really nice. It takes that ink very well. 148 - 149 -38 150 -00:02:53,610 ~-~-> 00:02:56,460 151 -But here's what you probably been waiting for. And it's not 152 - 153 -39 154 -00:02:56,460 ~-~-> 00:03:01,050 155 -overwhelming. No. But this is generally what my My journal 156 - 157 -40 158 -00:03:01,050 ~-~-> 00:03:05,010 159 -entries look like I sit down and I usually doodle something. 160 - 161 -41 162 -00:03:05,280 ~-~-> 00:03:08,370 163 -And I apologize if you hear anything outside because they're 164 - 165 -42 166 -00:03:08,370 ~-~-> 00:03:12,210 167 -installing a new heating element in my driveway. So when it 168 - 169 -43 170 -00:03:12,300 ~-~-> 00:03:15,240 171 -gets cold, it'll be able to melt this now and such, but 172 - 173 -44 174 -00:03:15,570 ~-~-> 00:03:21,480 175 -usually some kind of a doodle or draw. And just, I've always 176 - 177 -45 178 -00:03:21,480 ~-~-> 00:03:28,050 179 -done that. So they may not always be Asian centered, or 180 - 181 -46 182 -00:03:28,050 ~-~-> 00:03:31,740 183 -martial arts centering, but there's usually some kind of a 184 - 185 -47 186 -00:03:32,160 ~-~-> 00:03:36,720 187 -doodle shots in the lower right hand corner of the journal 188 - 189 -48 190 -00:03:36,720 ~-~-> 00:03:40,170 191 -here. And then I just write down the information that has my 192 - 193 -49 194 -00:03:40,170 ~-~-> 00:03:44,580 195 -expectations for the week. And this was my Monday's journal 196 - 197 -50 198 -00:03:44,580 ~-~-> 00:03:51,780 199 -entry in this journal. You can see like I said, if if people 200 - 201 -51 202 -00:03:51,780 ~-~-> 00:03:53,910 203 -see these things, it doesn't really mean a whole lot to 204 - 205 -52 206 -00:03:53,910 ~-~-> 00:03:56,400 207 -anyone, especially if you're not familiar with mine 208 - 209 -53 210 -00:03:56,610 ~-~-> 00:04:01,530 211 -information and my concepts but things before For, and this 212 - 213 -54 214 -00:04:01,530 ~-~-> 00:04:05,550 215 -is, again, one small little area where I'm not trying to 216 - 217 -55 218 -00:04:05,550 ~-~-> 00:04:09,390 219 -make that public. These are personal things that are on my 220 - 221 -56 222 -00:04:09,390 ~-~-> 00:04:13,080 223 -mind. And I do a wellness in focus things I'm going to be 224 - 225 -57 226 -00:04:13,140 ~-~-> 00:04:18,090 227 -worrying about conquering for that particular trading day or 228 - 229 -58 230 -00:04:18,090 ~-~-> 00:04:20,760 231 -week and keeping them in focus. And then I have the weekly 232 - 233 -59 234 -00:04:20,760 ~-~-> 00:04:23,430 235 -calendar, big rocks, which is basically the events I'm 236 - 237 -60 238 -00:04:23,430 ~-~-> 00:04:26,400 239 -looking for, that's going to be more impactful for the week. 240 - 241 -61 242 -00:04:27,090 ~-~-> 00:04:31,800 243 -And then I go up here and I record what my expectations are 244 - 245 -62 246 -00:04:31,800 ~-~-> 00:04:34,140 247 -what I'm expecting to see things that are going to filter 248 - 249 -63 250 -00:04:34,950 ~-~-> 00:04:38,370 251 -for my trade decisions. And I try to keep them really short 252 - 253 -64 254 -00:04:38,370 ~-~-> 00:04:40,410 255 -and sweet and try not to have a whole lot of things and 256 - 257 -65 258 -00:04:40,410 ~-~-> 00:04:44,010 259 -moving parts, and I put in something that would be a filter 260 - 261 -66 262 -00:04:44,190 ~-~-> 00:04:47,130 263 -that would keep me from either participating again, or 264 - 265 -67 266 -00:04:47,130 ~-~-> 00:04:51,390 267 -engaging or what it would take for me to change my mind and 268 - 269 -68 270 -00:04:51,390 ~-~-> 00:04:54,240 271 -move to the sidelines. So anyway, I hope we found this 272 - 273 -69 274 -00:04:54,240 ~-~-> 00:04:56,460 275 -insightful and I'll talk to you next time.