Wiki source code of ICT YT - 2020-08-07 - What Journals I Use and An Example Entry.srt
Version 1.1 by Drunk Monkey on 2020-11-20 17:02
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3 | {{{1 | ||
4 | 00:00:01,170 --> 00:00:04,890 | ||
5 | ICT: Alright guys, we are looking at some of the journals | ||
6 | |||
7 | 2 | ||
8 | 00:00:04,890 --> 00:00:10,800 | ||
9 | that I use when I'm logging all my experiences for the week. | ||
10 | |||
11 | 3 | ||
12 | 00:00:11,610 --> 00:00:15,390 | ||
13 | And I'm gonna give you a just a snapshot Obviously, I'm not | ||
14 | |||
15 | 4 | ||
16 | 00:00:15,390 --> 00:00:21,660 | ||
17 | gonna give you everything because journals are personal. And | ||
18 | |||
19 | 5 | ||
20 | 00:00:23,220 --> 00:00:31,170 | ||
21 | this is a brand new one, so it's a virgin. You can see it's | ||
22 | |||
23 | 6 | ||
24 | 00:00:33,060 --> 00:00:36,870 | ||
25 | very nice, nice leather. Now you don't have to go into | ||
26 | |||
27 | 7 | ||
28 | 00:00:37,050 --> 00:00:39,930 | ||
29 | journaling, like this. I've always used journals like this | ||
30 | |||
31 | 8 | ||
32 | 00:00:39,930 --> 00:00:44,970 | ||
33 | for at least the last 16 years or so. I wanted this style. | ||
34 | |||
35 | 9 | ||
36 | 00:00:45,390 --> 00:00:52,500 | ||
37 | This is actually a beautiful paper, it feels like linen. So | ||
38 | |||
39 | 10 | ||
40 | 00:00:52,530 --> 00:00:54,960 | ||
41 | I'm not sure if it would be something that you like to do, | ||
42 | |||
43 | 11 | ||
44 | 00:00:54,960 --> 00:01:00,570 | ||
45 | but for me, I've always found it. Just it's the hand submits | ||
46 | |||
47 | 12 | ||
48 | 00:01:00,570 --> 00:01:04,470 | ||
49 | it to me, I look at my recordings and my journal entries as | ||
50 | |||
51 | 13 | ||
52 | 00:01:04,470 --> 00:01:09,090 | ||
53 | something that's well intimate and precious to me. And I'm | ||
54 | |||
55 | 14 | ||
56 | 00:01:09,090 --> 00:01:13,620 | ||
57 | going to put them in something that's going to be. Well, | ||
58 | |||
59 | 15 | ||
60 | 00:01:14,760 --> 00:01:18,420 | ||
61 | interesting. Okay, it's not a plain white piece of paper. So | ||
62 | |||
63 | 16 | ||
64 | 00:01:18,420 --> 00:01:23,670 | ||
65 | what I generally do is every entry is all of this over here | ||
66 | |||
67 | 17 | ||
68 | 00:01:23,670 --> 00:01:29,190 | ||
69 | has trade related things. Things, I'm looking for key levels | ||
70 | |||
71 | 18 | ||
72 | 00:01:29,340 --> 00:01:33,720 | ||
73 | of potential setups, and over here will give me things that | ||
74 | |||
75 | 19 | ||
76 | 00:01:33,720 --> 00:01:36,240 | ||
77 | I have to worry about in terms of psychological things, | ||
78 | |||
79 | 20 | ||
80 | 00:01:36,720 --> 00:01:39,870 | ||
81 | things that I'm going through on a personal level, which is | ||
82 | |||
83 | 21 | ||
84 | 00:01:39,870 --> 00:01:42,570 | ||
85 | the reason why you're not going to see my journal because I | ||
86 | |||
87 | 22 | ||
88 | 00:01:42,570 --> 00:01:44,430 | ||
89 | don't want to go through the process of only looking at it | ||
90 | |||
91 | 23 | ||
92 | 00:01:44,430 --> 00:01:47,520 | ||
93 | like this. And it doesn't give you a real clear depiction of | ||
94 | |||
95 | 24 | ||
96 | 00:01:48,240 --> 00:01:51,750 | ||
97 | what I use for journal and I'm going to give you really the, | ||
98 | |||
99 | 25 | ||
100 | 00:01:52,200 --> 00:01:59,580 | ||
101 | the view of what it looks like in a snapshot view what I get | ||
102 | |||
103 | 26 | ||
104 | 00:01:59,580 --> 00:02:03,570 | ||
105 | these off Amazon, I used to pay a little bit more than I do | ||
106 | |||
107 | 27 | ||
108 | 00:02:03,570 --> 00:02:06,780 | ||
109 | now, getting it from the producer, but for whatever reason | ||
110 | |||
111 | 28 | ||
112 | 00:02:06,780 --> 00:02:10,800 | ||
113 | they sell them on Amazon for a better price. So I buy about | ||
114 | |||
115 | 29 | ||
116 | 00:02:10,860 --> 00:02:16,170 | ||
117 | 12 to 15 of them at a time. So it gives me approximately | ||
118 | |||
119 | 30 | ||
120 | 00:02:16,170 --> 00:02:20,790 | ||
121 | about 1314 months. So it usually takes me to get through one | ||
122 | |||
123 | 31 | ||
124 | 00:02:20,790 --> 00:02:27,120 | ||
125 | journal and also journal. My my dreams I've done this since | ||
126 | |||
127 | 32 | ||
128 | 00:02:27,120 --> 00:02:31,170 | ||
129 | I was a teenager. So this isn't really anything to do with | ||
130 | |||
131 | 33 | ||
132 | 00:02:31,200 --> 00:02:36,300 | ||
133 | trading, but I got asked that talk about that as well. I'm | ||
134 | |||
135 | 34 | ||
136 | 00:02:36,300 --> 00:02:38,610 | ||
137 | not sure why this question is important in terms of | ||
138 | |||
139 | 35 | ||
140 | 00:02:38,610 --> 00:02:42,780 | ||
141 | answering but this is the pen of asked what pen I use in my | ||
142 | |||
143 | 36 | ||
144 | 00:02:42,780 --> 00:02:47,910 | ||
145 | journal. And I use this one simply because the paper and my | ||
146 | |||
147 | 37 | ||
148 | 00:02:47,910 --> 00:02:52,980 | ||
149 | journals are just really nice. It takes that ink very well. | ||
150 | |||
151 | 38 | ||
152 | 00:02:53,610 --> 00:02:56,460 | ||
153 | But here's what you probably been waiting for. And it's not | ||
154 | |||
155 | 39 | ||
156 | 00:02:56,460 --> 00:03:01,050 | ||
157 | overwhelming. No. But this is generally what my My journal | ||
158 | |||
159 | 40 | ||
160 | 00:03:01,050 --> 00:03:05,010 | ||
161 | entries look like I sit down and I usually doodle something. | ||
162 | |||
163 | 41 | ||
164 | 00:03:05,280 --> 00:03:08,370 | ||
165 | And I apologize if you hear anything outside because they're | ||
166 | |||
167 | 42 | ||
168 | 00:03:08,370 --> 00:03:12,210 | ||
169 | installing a new heating element in my driveway. So when it | ||
170 | |||
171 | 43 | ||
172 | 00:03:12,300 --> 00:03:15,240 | ||
173 | gets cold, it'll be able to melt this now and such, but | ||
174 | |||
175 | 44 | ||
176 | 00:03:15,570 --> 00:03:21,480 | ||
177 | usually some kind of a doodle or draw. And just, I've always | ||
178 | |||
179 | 45 | ||
180 | 00:03:21,480 --> 00:03:28,050 | ||
181 | done that. So they may not always be Asian centered, or | ||
182 | |||
183 | 46 | ||
184 | 00:03:28,050 --> 00:03:31,740 | ||
185 | martial arts centering, but there's usually some kind of a | ||
186 | |||
187 | 47 | ||
188 | 00:03:32,160 --> 00:03:36,720 | ||
189 | doodle shots in the lower right hand corner of the journal | ||
190 | |||
191 | 48 | ||
192 | 00:03:36,720 --> 00:03:40,170 | ||
193 | here. And then I just write down the information that has my | ||
194 | |||
195 | 49 | ||
196 | 00:03:40,170 --> 00:03:44,580 | ||
197 | expectations for the week. And this was my Monday's journal | ||
198 | |||
199 | 50 | ||
200 | 00:03:44,580 --> 00:03:51,780 | ||
201 | entry in this journal. You can see like I said, if if people | ||
202 | |||
203 | 51 | ||
204 | 00:03:51,780 --> 00:03:53,910 | ||
205 | see these things, it doesn't really mean a whole lot to | ||
206 | |||
207 | 52 | ||
208 | 00:03:53,910 --> 00:03:56,400 | ||
209 | anyone, especially if you're not familiar with mine | ||
210 | |||
211 | 53 | ||
212 | 00:03:56,610 --> 00:04:01,530 | ||
213 | information and my concepts but things before For, and this | ||
214 | |||
215 | 54 | ||
216 | 00:04:01,530 --> 00:04:05,550 | ||
217 | is, again, one small little area where I'm not trying to | ||
218 | |||
219 | 55 | ||
220 | 00:04:05,550 --> 00:04:09,390 | ||
221 | make that public. These are personal things that are on my | ||
222 | |||
223 | 56 | ||
224 | 00:04:09,390 --> 00:04:13,080 | ||
225 | mind. And I do a wellness in focus things I'm going to be | ||
226 | |||
227 | 57 | ||
228 | 00:04:13,140 --> 00:04:18,090 | ||
229 | worrying about conquering for that particular trading day or | ||
230 | |||
231 | 58 | ||
232 | 00:04:18,090 --> 00:04:20,760 | ||
233 | week and keeping them in focus. And then I have the weekly | ||
234 | |||
235 | 59 | ||
236 | 00:04:20,760 --> 00:04:23,430 | ||
237 | calendar, big rocks, which is basically the events I'm | ||
238 | |||
239 | 60 | ||
240 | 00:04:23,430 --> 00:04:26,400 | ||
241 | looking for, that's going to be more impactful for the week. | ||
242 | |||
243 | 61 | ||
244 | 00:04:27,090 --> 00:04:31,800 | ||
245 | And then I go up here and I record what my expectations are | ||
246 | |||
247 | 62 | ||
248 | 00:04:31,800 --> 00:04:34,140 | ||
249 | what I'm expecting to see things that are going to filter | ||
250 | |||
251 | 63 | ||
252 | 00:04:34,950 --> 00:04:38,370 | ||
253 | for my trade decisions. And I try to keep them really short | ||
254 | |||
255 | 64 | ||
256 | 00:04:38,370 --> 00:04:40,410 | ||
257 | and sweet and try not to have a whole lot of things and | ||
258 | |||
259 | 65 | ||
260 | 00:04:40,410 --> 00:04:44,010 | ||
261 | moving parts, and I put in something that would be a filter | ||
262 | |||
263 | 66 | ||
264 | 00:04:44,190 --> 00:04:47,130 | ||
265 | that would keep me from either participating again, or | ||
266 | |||
267 | 67 | ||
268 | 00:04:47,130 --> 00:04:51,390 | ||
269 | engaging or what it would take for me to change my mind and | ||
270 | |||
271 | 68 | ||
272 | 00:04:51,390 --> 00:04:54,240 | ||
273 | move to the sidelines. So anyway, I hope we found this | ||
274 | |||
275 | 69 | ||
276 | 00:04:54,240 --> 00:04:56,460 | ||
277 | insightful and I'll talk to you next time. | ||
278 | }}} | ||
279 | |||
280 |