Trading is tough enough. We don't need them against us Mistakes happen but if strange things happen over and over ...
Day #2 So Stupid Me. Went long and took conservative profits, Then I wanted to make some more money, Went short into that strength, averaged down ... Was tough ... Managed to lose a little bit then flipped long.
Little summary thus far. I better lose less next time. I'll try to stick to max loss, min gain 300$ Got to be careful not to break any rules. Have a nice week end. See you next week. 13 days to go
Day #3 Was a really tough day for me. Going to stop here and call it a day. Very choppy action, Nice range but not for me. Spent most of the day in the red .. Max DD around 300$ 40$ Net Summary Ops we’re the 17th Going to take a Shiny sun bath Have a nice day
Day #4 Another tough day ... Was long 2 contracts for the open. Then I went short but took way too small profits. Still need to work on my Reward to Risk Should have been an easy day.
Day #5 180$ Net Little range. Little day. Fine 10 Days 2 Go Trading is more of a marathon, Sure we have to capitalize on opportunities, Some day will provide gold and some will be tough. But the E2T test tells to be consistent. Whatever the opportunity, take a small piece. If I get funded, hopefully … I’ll be able to size up opportunities.
Drawdowns are inevitable This fictitious strategy has a 92% (Daily) Win Rate. It literally spends half the year in drawdown. The Reward to Risk ratio is 1/4 + Bet size is 10% A reminder to keep calm & stay focused.