My trading stats for December - very proud of myself. I've come a long way since this time last year, trading support and resistance breakouts on crypto and generally getting rekt lol.
2023 is gonna be a fucking madness.
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The failure rate of some of the most difficult degrees..
Medicine: 1-10%
Engineering: 5-15%
Law: 5-10%
Trading has a failure rate of 80-90%.
You think you're going to master it by drawing a few lines on a chart?
It's not a game of analysis, it's a game of people and psychology.
Read todays PA very well but unfortunately no trades. Was frontrun on 3 different positions.
No problem, I executed my strategy perfectly today.
Measuring progress not pnl >>
Trade 15: -1r
$EU
Grade: A
HTF: m15m15
LTF: d m1m1
Notes: Good trade though EU was the weaker pair. Have now failed the competition, not really bothered - I've had a shit month and am more concerned with trying to improve overall performance rather than the competition.
Trades 12 & 13: BE + -1R
$EU
Grades: A + A-
HTF: PDH taken, m5m5 --> m15 OF
LTF: m1m1 / m5m1
Notes: Analysis was perfect today however execution sucked. I need to work more on execution and psychology moving forward.
The way some traders hate on the school system and people that believe in it are so weird
some people just wanna go uni, make friends, make a decent salary and live a nice life not become millionaires and surround themselves with other millionaires๐
Trade 10: -0.1R
$GU
Grade: B+
HTF: H1 OF -> m5 OF
LTF: m1m1
Notes: Rules dictate m5m1 against position = SL BE. Hence I exited at the red line where the m1 broke structure after m5 fu. Stopped by 1 tick, then to target.
My discipline really being tested this last week.