1-13 to 1-17-20
What I did bad this week:
Rules Broken: Chasing on a few occasions, Over-trading a couple days along with trading more than 1 loss before 1100 on Fri., Listening to Chat on Wed and Fri before 1000. Traded past my max loss for the day.
Traded with bad management and did not read the tape on three trades
Took too small of size on an A+ setup
Pre-Market: Did not do my research on one day, Did not meditate on two days
What I did good this week:
Took A+ entries on three trades with size
Used the Tape for trade management on two trades
Planned IF/Then Pre-Market on two trades
Changes to be made this upcoming week:
Will trade SIM for the First part of the Week and only if the first two days I follow my Rules will I go back Live and with very small size...
Rules to stick by this upcoming Week:
After I call it a day by either MAX Loss, Profit Target or what I am comfortable with, only use the rest of the day for Chat, Journal, Playbook ect.
In-Trade and Daily Stops
Do Not chase or revenge trade
Make sure I only take PB#1 or PB#3 trades Live, All others in SIM
Only one loosing Live trade before 1100
Challenges for myself this upcoming Week:
No pre 5min trading unless I have a clear plan in place
Only A or better setups at time of trade
No BBT Audio between 0945 and 1000
Take a planned break at 1100 for other Bus.
@ 0915 do some exercise and then meditate to calm myself
Stay unbiased
If I feel overtired I will try going back to bed and coming back to Trend Trades later....
Notes:
Rules are not to be broken, these will cost money every time
My Challenges are almost as important as my Rules, Pay attention to them
Goals and Rewards:
+10Rs or more at end of the month to consider trading with more size in the future two months -5.7 for the week