Proud of My Trading Week !!
+772.5$ (Paper trading means nothing for now lol)
But the real performance are the RR (8.2RR) and the professionalism that comes with !!
I have to keep going and working !
One loss and one win for me yesterday :
First One : - Long FVG Entry -> -1R with a Risk of 217$
Second One : - Long FVG Entry -> 3R with a Risk of 155$
Total : -217 +459 = +242$ (Paper Trading)
Mistake : - SL Placement because the price wasn't the best at the open !!
One BE and one win for me yesterday :
First One : - Short IFVG Entry -> 0R with a Risk of 150$
Second One : - Short IFVG Entry -> 3.6R with a Risk of 115$
Total : +22 +414.5 = +436.5$ (Paper Trading)
Timing is crucial !!
One loss and one BE for me yesterday :
First One : - Long FVG Entry -> With a Risk of 190$
Second One : - Long IFVG Entry -> With a Risk of 100$ (Half Risk du to the first loss)
Total : -190$ (Paper Trading)
Mistake : Fear of losing -> Trail BE too soon
Very Good lesson !!
If you are currently learning ICT concepts, you have to tape-read and backtest!
These two habits are game changers.
Only watching ICT’s YouTube videos won’t work.
One BE for me today :
- Long FVG Entry -> With a Risk of 75$ -> 0$
I expected a liquidation of the EQH and then see a continuation of the bearish trend.
I was a little ahead of the market but very good management of my position. (Paper Trading)
One BE and one win for me today :
First One : - Short IFVG Entry -> 0.4R with a Risk of 75$
Second One : - Long FVG Entry -> 3.2R with a Risk of 75$
Total : +30.5 +237.5 = +268$ (Paper Trading)
Two losses for me yesterday :
First One : - Short IFVG Entry -> with a Risk of 66$
Second One : - Short IFVG Entry -> with a Risk of 54.5$
Mistakes : - Didn't take into account the signs of a strong Daily Bias
Finish the week at +383.5$ / +4.6R (Paper Trading)
My trades for the first week of May :
First One : - Long IFVG Entry -> 3R with a Risk of 80$
Second One : - Short IFVG Entry -> 3.6R with a Risk of 70$
Total : 253.5 + 250.5 = +504$ (Paper Trading)