By Guest Contributor, Michele Hurlbut
Hi All, it’s Michele again.
This week’s Journal Entry is titled “Overwhelm” and you will see why I chose this title as you read on. My new Hawkeye Workspace is fully loaded with all the bells and whistles. While it looks impressive and colorful, it is also daunting at the same time. After watching it for two weeks, I must admit, I am feeling Overwhelmed. There are so many charts and so many indicators on a chart, and I don’t know what they all do. And I am not used to that much information yet.
Because I don’t yet know what all these new tools do, I am trying to make sense out of what amounts to a “foreign language” without ever having gone through the lessons to learn how to speak it. Wow, that was an interesting analogy.
I Didn’t Know Where to Start
Before I sat down to write this journal entry, all I felt was the feeling I call ‘Overwhelm.’ I didn’t know where to start because I felt like there was so much going on and so much to do. My brain just spins it over and over until I’ve made a mountain out of a molehill. I’m sure you know the feeling . . . Then, as I was writing and looking for a way to describe my thinking, “foreign language” popped into my head.
Once I saw it on paper, I realized how much pressure I was putting on myself to learn this “foreign language” overnight. Why would I expect myself to learn something this different, overnight? Crazy, right?
My Trade Plan
Now that I understand the source of the feeling (and boy does journaling help in that endeavor), I can formulate a plan. My plan has the following steps:
1. Take clean charts of my favorite time internals.
2. As I go through the training videos, add the indicator I have just learned to my chart and study how it moves with my current knowledge of price action, and support and resistance.
3. In this way, I will grow into the Hawkeye Trading Software just like I would learn a new language or hobby.
Remember, “Rome was not built in a day”!
So by taking these steps, I now feel confident that my plan is achievable. As a result, my feeling of overwhelm has left and a feeling of calm, clear action has taken its place. I hope this helps you also.
Great trading everyone and speak with you again soon.
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