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
-
Missed the open today bc life stuff. Found 2 short setups I thought I liked heading into lunch. Neither played out, then quit. Better luck t...
-
https://www.youtube.com/watch?v=MmryR1iu9dA 25:40 - lose well / ego. Losing is not a failure. Not taking your stop is a character flaw. ...
-
My best trading, best p/l reward is trading micro trends. Zigs, no zags. Scalps. Take the profits and go have a day. Redeemed the week by tr...
-
I have been trading like a superstar even in a choppy market. It's the smaller size! Will stick with this technique for a while. Each ni...