Leaderboard

Thank you! The one in the upper left does not because that's where I have the spy, my P&L, trades, scanner, etc. The rest have montage and time and sales because I'm trying to practice reading level 2 and time and sales more.

Week 19 Recap Not a bad week but not that great either. Not thrilled about being back in sim but my trading still isn’t good enough to get back in to real thing just yet. We’ll see how next week goes. I can’t believe I took 19 trades this week. That’s a good bit more than I usually do, I’ve been around 12 trades the last 3 or 4 weeks. Stats are better in every respect this week. · Weekly stats o 2.1 R/R (Goal: above 2.0) [Previous Week: 2.0] o 63/76 83% (Goal: above 80%) [Previous Week: 33%] o -$52.51 (Goal: $250) [Previous Week: -$97.43] o 14/19 74% trades with the trend (Goal: 100%) [Previous Week: 44%] o 6/19 32% Non-optimal Entries (Goal: 0%) [Previous Week: 78%] o 2/19 11% Letting Losers Run (Goal: 0%) [Previous Week: 11%] o 6/19 32% No Setup (Goal: 0%) [Previous Week: 56%] · Highlights o Almost all stats were an improvement from last week. o Great trade in JD on Friday, SQ on Tuesday, MU on Monday. o Better entries this week. o Good one and done days Friday and Tuesday. · Ongoing things to work on o Hotkey error on AMD Monday. o Still holding losers too long, that number needs to be zero. o Too much scaling out on winners. o Need to work on getting all out of trades way before breakeven. Getting in to trades too early is the main reason im consistently losing money. I’m pretty much right on all my trades I just jump on too early with too big of a size for proper stop loss and then get knocked out of the trade before it goes in my direction.

May 7 through 10 I observed a valuable lesson this week. Just like in life, to do something well you must be focused on it and can not just do it to do it. In trading this can have some serious consequences. For the past four days, I have been forcing trading. By this I mean, I had time to conduct my pre-market routine and trade the open, but my post market routine and reviews I could not get done, because of the enormous amounts of other things in my life going. The overwhelming feeling of being over tasked definitely slipped into my trading this week and I am just glad I was able to maintain my discipline with risk management which help persevere my capital. In all I took 6 trades this week 3 on Monday and 3 on Thursday, all of which were outside my edge. My results were 4 stop outs, 1 partial, 1 hit profit target (although my execution was terrible, so I gave most of it back to my broker). Now for the good news, next week is a new week.