Thursday, December 24, 2020

Thinking 2021 goals

I'm deciding whether/which goals to set for my trading in the coming year. 
The one goal which is absolute certain is to trade my clockwork rules: 
- Small size
- Tight stop is the right stop
- Pay myself first. Get my piece and peace!

When I follow these general rules--when I trade like clockwork--I trade well and the money comes. 

Other aspects of my trading are more nuanced. More art than science, maybe. Picking my best setups, waiting for good entries. Scaling out. 

In addition to daily balance tracking and narative journaling, I want to add some analysis on my "stats". I have discovered that I can download my p/l to a spreadsheet so that is an easy way to enter trades. I want to track at least my win/loss ratio and hope to sensibly assess that along (ex: how to handle split/grouped lots) with my $ p/l.
To be continued.

Popular Posts