I have placed 10 trades in 2020.
W/L count exactly .5
10 trade net account p/l +19.31%
Sentiment: FRUSTRATED.
Of course! a 50% w/l count is frustrating, even if I'm up.
I like how I'm trading. I like the picks, I'm generally sticking to my trusted setups. I'm doing a great job waiting for pivots, taking gains, and a pretty good job stopping against pivots. This is basic level discipline.
My emotions are stable. I feel rational. I've had 2 big winning days and 3 small loser days.
How do I achieve better results? Maybe rethinking some position mangement. I feel like with my winners I'm leaving a lot on the table, and then my losers catch up with me. I feel if I had bigger account/positions, I could leave a runner on, where now I need to lock in everything.
I like my position sizing, generally 2 equal $ positions. I would still like to consider conviction sizing, but I don't have good clarity yet on how that looks.
Yesterday was a particularly frustrating day, followed by an eating binge. Can't do that. Need to maintain discipline in all areas. Need to stick to best nutrition #vegetapill #noaddedsugar. Need to work out 4-6 times/week. Need more steps. All of these:
-trading discipline
-food discipline
-workout discipline
are my perpetual struggles and also I feel they are the key to everything I want.
Good health, sharp brain, trading profits.
To work on
Consistent discipline in my 3 key areas
Popular Posts
-
First trading day of the new year. Some good picks. StreetSmart Edge crash on the open. I didn't want to jump in anyway, so restart/rec...
-
Premarket, the vibe was maybe one of those "up is down and down is up" days. Interesting that I had a feeling it would be a frust...
-
Clockwork trading principles: - Small size - Tight stop is the right stop - Pay myself first I am still trading a reduced size account, on ...
-
Yesterday was a market holiday. Today I came in too eager. SHOP too early, no protection. TSLA too eager, too big, initial loss. Very lucky ...