Peter
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Content Count
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Last visited
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Days Won
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Posts posted by Peter
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Monday 11.01.2021 results 2 losers -2R
trade 62 -1R
catalyst: yes
daily breakout: yes
premarket gap: yes
rel. vol. yes
trading pattern: first pullback to vwap
entry: B
management: a
overall grade: a-
trade 63 -1R
catalyst: no
daily breakout: yes
premarket gap: yes
rel. vol. yes
trading pattern: yes
entry: B
management: a
overall grade: b
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week 1/2021 (5 days 8 trades 5W/3L 62% W/R average trade +0.45R average day +0.72R
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4 hours ago, Jiheng Sang said:Nice Journal Peter!
Is the stat gross R or net? Thanks!
Its gross, no reason to put net i am risking so little. Later if risk is normal ( 100 dollar or more) commisions are less than 10% from grossprofit. Im calculating like this.
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Wednesday results 3 losers -3,7R all trades was setup but no one worked out but i managed as planned
trade 57 -1R
catalyst: yes
daily breakout: yes
premarket gap: yes
rel. vol. no 90%
trading pattern: yes
entry: A-
management: A
overall grade: A-
trade 58 -1,2R
catalyst: no
daily breakout: no
premarket gap: yes
rel. vol. yes 200%
trading pattern: yes
entry: A
management: A
overall grade: B
trade 59 -1,5R
catalyst: yes
daily breakout: yes
premarket gap: yes
rel. vol. yes 1200%
trading pattern: yes, trend continuation after first pullback
entry: A-
management: A
overall grade: A-
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Monday 4.01.2021 1 winner+1,4R
TRADING DAY GRADE: B
IDEAS: B: was not strong stock gap down stock and I was going long
ENTRY+STOPLOSS: A
MANAGMENT: C , not sold according to trading plan
OVERALL GRADE: B
trade 54 +1,4R
IDEA: B
ENTRY+STOPLOSS: A
MANAGMENT: C
OVERALL GRADE: B
Tuesday 5.01.2021 results 2 winners +2.9R
trading day grade: A-
IDEAS: A
ENTRY+STOPLOSS: A
MANAGMENT: B , not sold according to tradingplan
OVERALL GRADE: A-
trade 55 +1,9R
IDEA: A
ENTRY+STOPLOSS: A
MANAGMENT: B last part sold not according plan target was 78 sold 77.5
OVERALL GRADE: A-
trade 56 +1R
IDEA: A
ENTRY+STOPLOSS: B not waited 5min. candle to close buying too early
MANAGMENT: C sold not according trading plan, traded not to lose
OVERALL GRADE: B
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I done some back testing all my December trades and results are:
with my selling rules all trades are: +10.6R
If I sold all my trades 2 to 1 all or nothing approach then results would be: +12.7R
If I sold all my trades 1 to 1 all or nothing approach then results would be: +2.2R
If I sold all my trades 3 to 1 all or nothing approach then results would be: +5..2R
December Best results are 2 to 1 AON approach, I am continue to test those all approach on January and then if necessary make changes, 2 to 1 is easyer
to follow you need only hotkey and then all is done no more thinking what to do after entering a trade.
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I a m ending December 2020 here, no trading tomorrow and next week, back 4.01.2021
December 2020 stat: +10.6R 15 tr.days average day +0.71R, 28 trades 14W/14L, win rate 50%
average trade profit +0.37R
December together was decent month, last 2 days ruined nice statistics, but big picture was good. I raised:
1. win rate from 39% to 50%
2. average day profit from +0.49R to +0.71R
3. average trade from +0.15R to +0.37R
4. profit factor from 1.35 to 1.67
Now In January, when earning season starts, my main task is to hold this December performance and before end of month reach +25R total profits and raise risk to level 2.
Superb would be if I could raise my performance even more...
superb statistics are:
1. win rate over 60%
2. average trading day over +1.25R
3. average trade profit over +0.5R
4. profit factor over 2.0
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Tuesday results 2losers -2R. It was not trading day both trades was gambling trades with no setup, was away 4 days and today did not do proper
preparation before trading day. Das locked me for day, after second losing trade...its good that Das locks me after second losing trade, if I could trade more then third trade
would be loser too...and now I have only 2 losers.
trade 50 -1R
trade 51 -1R
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first month of trading is over: 17 Nov-18 Dec... 21 trading days and 49 trades results:
21 trading days: +18.5R average day +0.82R
49 trades: 24 winners , 25 losers = win rate 49%
average trade profit: +0.38R
winners together: +43.9R , losers together: -25.4R , profit factor: 1.7
Problems to solve:
1. I am not selling stocks exactly to plan, I need to correct selling plan and make
exact rules what I can follow 100% times. I need to make new selling rules easier to follow and to have bigger win rate.
2. I cant trade those days if I am tired or not prepared, its better skip those days and have 0R to trade and have -2R.
what is good:
With first month I am growing account, setup is working good.
Last 2 weeks statistics are very good: win rate is 62%, profit factor is 2.75, average trade profit +0.58R. Those are excellent statistics.
But not much data yet I need more data to be sure and more confident with this setup.
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week 50 results 8 trades 5 winners 3 losers +5,3R win rate 62% average trade 0.66R, average day 1.06R
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Thursday 10.12.2020 results 1 loser -0,2R
trade 40 -0,2R
I did not followed my trading plan and sold stock without reason. There was no any reason to sell "monkey" got out and sold it...
if I had followed my trading plan it would be amazing winner +6R. I take tomorrow break and think throw weekend how I can get rid of this problem...
I am starting to worry about week results and want to do record and then "monkey" coming to trade... because that I do not trade tomorrow and close this week 50 with +6.7R
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Peter journal: First pullback+lightning bolt+ABCD
in Day Trading Journals
Posted · Edited by Peter
week 2/2021 (5 days 6 trades 4W/2L 66% W/R average trade +1.41R average day +1.7R )
It is best week so far all statistics are new record! win %, av. trade and average day!
I am raising risk to level 2, 12 dollars because I have trading profits +25R! next level is from +25...+50R
First level completed! it took 33 trading days and 67 trades to reach +25R. best trade was last trade +5.2R.
longest winning streak: 4
longest losing streak: 4
winners 33 49%
losers 34 51%
Next level purpose is to reach faster then first level 33 days!
January first two weeks performance:
14 trades: +12.1R 9winners 5 losers
win rate 64%
average trade +0.86R
average day +1.2R
profit factor 3.1