Hello d08, Have you ever designed or seen a system that recovered DD in a month and equity curve continue to rise?
Nothing worked today. Had the right idea to short to the lows, but the entries were heinous. Probably should stop after 2 failed attempts. That third failed attempt was trying to salvage something.
Complete mess of a day. I think I might just end this journal here. It's no longer an auto trading journal.
I realize that scaling into a position and having to puke all the contracts for a loss is a very shitty result, but this is to be expected with a strategy where you scale in. And look, you ended up positive for the day so I would hardly call it a mess of a day. Its more like your first trade didn't work out, so you had to crawl back to profitability. From what I can see, you are extremely hard on yourself. Nobody else here has any better stats if they were actually honest with every trade. The guys only show the trades that work, and then they go quiet. I honestly think you are doing better than 95% of the guys here, and you don't know it because they aren't sharing. It seems like you hate to have a losing trade, and its amazing how right you get it most of the time. But this is now a psychological issue because you put pressure on yourself to keep up a high win rate. The combination of luck eventually running out, and the pressure that you're putting on yourself, is where I think the need to improve is. But your trading I think is excellent.