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Peter

Peter journal: First pullback+lightning bolt+ABCD

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I M starting this journal for educational purposes, to learn faster, if my trades are all here then is easier to review them and find errors.

I am trading only this one setup: its mixed from lightning bolt and first pullback and abcd pattern.

I take  100 realmoney trades to see do i have real edge.

my trading rules are:

DAS allows trade only after 9.40

-3R day locks DAS and am not able to trade more.

+4R locks profit +3R and releases "free bonus trade" until loser.

im risking 5 dollars per trade first 100 trades. 

if i get -20R. i go back to simulator.

after 100 trades i watch results and make changes if necessary.

 

after 100 trades to raise risk i need to see:

1. average trade +0.2R or more... +0.5R would be superb ( after 100 trades i need to see +20R profit or more)

2. up days 3/1  75% or more 

3.  win% 50 or more

Edited by Peter
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Monday stat: 2 winners 2 losers +2R

1. trade  +2,9R 

trade1.thumb.jpg.ae92f55c6d7c8d638943e33f808807ca.jpg

 

2. trade -1R.

 

 

1058731268_trade2.thumb.jpg.f3970fdff00441059e22fadd57269a0b.jpg

3. trade +1R.

1849466273_trade3.thumb.jpg.05d4f37350a800c3ec44e1a55f48dff1.jpg

 

4. trade -1R.

 

 

1001517461_trade4.thumb.jpg.94881def9c826de05ff651133667c376.jpg

 

 

 

Edited by Peter

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tuesday stat: 5 trades 1 Winner 4 losers -3R maxloss, not my day....

trade 5 -1R

63896798_trade5.thumb.jpg.aae3b2bfeb4d2c9a48cf10f6e0128f82.jpg

trade 6  -1R

388300951_trade6.thumb.jpg.16b0c63cfb58e5a7624dfacaf1d4a3bd.jpg

 

trade 7 +1R

378822645_trade7.thumb.jpg.13bc69021611325d053761ae2573d0ee.jpg

 

trade 8 -1R

1468768754_trade8.thumb.jpg.ac9d28cdc509cb5bff572dc89de559fe.jpg

 

trade 9 -1R

2043106196_trade9.thumb.jpg.b2364156c1cb95ab116a75e3fe3315f4.jpg

Edited by Peter

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Thursday and Friday was travelling and was not able to trade.

first week results:

11 trades 5 winners 6 losers 

win rate 45%

winners together +8,8R

losers together -6.4R

net profit +2,4R

average day +0.8R

average winner +1,76R

average loser -1.1R

average trade +0.22R

up days/down days 2/1... 66% up days

winning streak 2 trades

losing streak 6 trades

 

 

 

Edited by Peter
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monday stat: 4 trades 4 losers -4R

trade 12 and 13 -2R

1939309533_trade12-13.thumb.jpg.88f9bb75100af4def7b2a678205c377a.jpg

 

trade 14 -1R

1811419487_trade14.thumb.jpg.a9525aca991d3d77471c422a86d2726a.jpg

 

trade 15 -1R

558666575_trade15.thumb.jpg.4f7f0e2183699c79520c0ac96e759be7.jpg5 -1R

 

 

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Problem found: if its weekend or 4 days not trading then after that i start gambling first two trades was not setup, third trade was bad setup i usually don t short strong stocks right away.

Need to be more careful Mondays. I put reminder myself to read trading plan before each Monday open.

Notice: if i had 1/1 all or nothing approach, then this first 15 trades would be +3R 9 winners 6 losers win rate 66% average trade +0.2R... need to see more data, i watch it again after 50 trades.

Edited by Peter

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Tuesday trades 3 trades 3 winners +7R:

trade 16 +4.1R

673322194_trade16.thumb.jpg.4110859815cc3d1f64525a763cd33145.jpg

 

trade 17 +2.2R

1592114088_trade17.thumb.jpg.f5544da411a95e22ef230094a3f97900.jpg

 

trade 18 +0,7R

2071497093_trade18.thumb.jpg.ed43473ab35f73e3321aa37df7dba2a4.jpg

Edited by Peter
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Wednesday results: 3 trades 3losers -3R

trade 19 -1R

797719249_trade19.thumb.jpg.bf6739e67cdae56a6da0b1aa0e64209d.jpg

 

trade 20 -1R

1273720068_trade20.thumb.jpg.df5d991bf5f726f28e64fa6a8e407bc0.jpg

 

trade 21 -1R

1935389382_trade21.thumb.jpg.40797362e7d181caa505828d8c4a9ade.jpg

 

Friday results 1 winner +2,5R

trade 22 +2,5R

500528695_trade22.thumb.jpg.2e32943aa59d73ff836c3cb90baa13b7.jpg

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first 22 trade results +4.9R:

9 winners 13 losers win rate 40% (its less that minimum what i need to see 50%)

up days 4, down days 3  (57% up days, its less than minimum what i want to see 75% but not much data yet)

average trade +0.22R (its ok, Slightly above minimum what i need to see 0.2R)

winning streak: 3, biggest win +4.1R

losing streak: 4, biggest loser -1.4R

 

I had 2 revenge trades, and 2 no setup gambling trades,if i can eliminate those then stats. is awesome ( 50% winrate, +0,55R average trade profit.)

1. I made change, and i cant trade same ticker after losing trade  more. I need to take break also, after loser 10 minutes. I put it in my rules. Lets see next 2 weeks

is stats. getting better...

 

Edited by Peter

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