Wiki source code of ICT YT - 2020-08-07 - What Journals I Use and An Example Entry.srt
Version 1.2 by Drunk Monkey on 2020-11-20 17:03
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| author | version | line-number | content |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 00:00:01,170 --> 00:00:04,890 | ||
| 3 | ICT: Alright guys, we are looking at some of the journals | ||
| 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. |