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
-
Opening pick was AMAT, gap down on volume, breaking levels. When AMAT failed to drop out, I went long AMD for relative strength, and it was ...
-
TRADE 1: -2% Trade my best setups or PASS. WAIT for pivots to stop against. Take MY PIECE. Peace. Daily setup : Entry/play : gap agains...
-
UBER nice gap up today. Base isn't so clean, but the gap cleared several levels and all eyes on it. Market has been really strong for ~...
-
Setup: AVGO top on my volume mover screen. Trading above 4 day bear fin. Intraday spiraling at vwap. Market dropping. Initial position (blu...