I like Mondays like this,
not everything went exactly as planned, but I managed to make a profit of nearly 1.2k,
I’m not happy with the position I took, but I am happy with the result.
My strategy worked and it would have hit full TP, but...
I missed the entry—I had to work,
Tomorrow is another day.
Friday was bad again 1.5k loss in 3 trades, nothing work.
I chase first loss
Then i chase second
After third, i just put my phone away, turn off PC.
I can see why discipline is a big thing in trading.
Weekend i spent on backtesting, trying to improve my strategy.
I hope i will be back on good track from monday
3 trades today
Win, Lost, Win
1. I moved SL little bit to quick but i still make a 500$ Profit, but if i will keep my SL on break even i will hit TP.
2. I expect full TP it was my POC setup with confirmation, but it didnt work at all, i couldn't even move my SL to break even it happend to quick and hit 750$ SL
3. Almost perfect trade without hitting TP but at least 1500 Profit
And most important thing, im getting close to pass a challnege.
Stupid trade today, and all profit from last week gone, Trailng drawdown breached, acc lost.
Lesson learned
New acc ready to go.
Learning, backtesting, trying to avoid same mistakes and hopefully one day everything its gonna work
it was nearly a perfect week, up to this day
First loss
3.7k down in 2 trades
First one nearly hit TP but second one...
Not even close
But im still alive