What I was saying or trying to say was we best have a stopper on hand and know what context to use it in and when to use it. And that in MOST cases losses are up to us to control.
Not sure what you are getting at because 0.36% in less than 3 weeks and win rate of 77.92 and average daily profit of $191.00 ain't exactly heart stopping but neither is it rabbit pebbles. Annualized looks even better.
Read @volpri's journal, he explained in great details. Because it takes discretions, no two recipes are alike, you just have to fine tune it to fit your style.
DeepSeek announcement and all megnificent 7 dropped like a rock, took the index with them and didn't come back up at tne end of the day. Averaging down depends on it to come back up. Look at NQ future chart. I traded the index.
Fortunately, all wasn't lost. Next day, big up day and made back most of the loss by letting profit ran.
Exactly! We are all different. Our approach has to fit our personality or we will be miserable. You are wisely trading without leverage but can trade using PDT but still can't short so you have to use techniques for going long multiple times in a session. And develop techniques for getting back a loss when one occurs in your long only account. FOT is key here along with using PA SLs and high probability scalps IMO.
One more point: I trade around my long term holdings to improve their returns. Typically hold 80-90% and trade in and out with 10-20%. For a decade, traded options around them, now trade options and day trades around them.
I think you should post a chart with your entries and exits, then point out where you should have pulled the plug. I mean this in a helpful way. I know you'll get good feedback on the setup too When I open up a 5 min 1/27 NQ chart, why be long past 10:45? or past 11:25? Those look like reasonable give up points IMO What i'm getting at is, did this particular day help you establish a criteria for when to exit and reevaluate?