Trading Like a Sniper

A "Trading Like a Sniper" journal is a tool that I am going to use to meticulously record my trades, strategies, and emotions to improve my or our trading performance (that is if you have an interest). The concept of "trading like a sniper" emphasizes patience, precision, and discipline in trading, much like a sniper in the military who carefully plans and executes their shots.
My trading journal will include:
1. Trade details
2. Trading strategy (I have already described it in another section)
3. Risk management
4. Trade management
5. Market conditions
6. Self-assessment of emotions
7. Trade outcomes
8. Lessons learned
9. Trade screenshots, and
10. Personal notes and observations related to trading

 

I have had one trade so far this month on 3rd Nov.

 

The outcome was amazing

Holding time was just 2 hours

 

Talk to @expiated. He is also a Sniper.

 

@maxinger i remember the guy
you and expiated were the first to post comments in one of my threads back in 2019 or 2020.
Both of you have been very helpful. I will talk to him soon

 

Now that I am confident of my strategy, I will also be posting my published results

 

Snipers have spotters. They split the duties. A sniper alone is overloaded. Consider splitting the journal activities into two categories. E.g. a spotter will tell the sniper when NOT to shoot.

 

I am trading USDJPY with sl at 150.828
holding time should not exceed 2 hours
taking inimal risk because of jpy volatility

 

jpy is one of the most non-volatile financial products.

The last time I traded it was a decade ago.

There are other better, more volatile things to trade.

 

it looks nice but i just don't know, did some analysis and I thought entry point at 1.8145
sl at 1.81207. Hope i got those figures right