Week's Trades Review

The snapshot speaks for itself.  Balance: $3147, profit for the week -$341.  Position size is pretty steady, unfortunately it's seen mostly on the losses.  2% was the magic number this week. Results of trades were 4:12 (wins:losses).  That's 33%, reaching the goal of >10% that was set for the week.

Funny thing is that only one of my TPs were reached.  All other trades were exited early when positive.  At least 4 other trades fluctuated high in the positive, but were held in hopes of hitting the TP.  It was sadness seeing the SL reached so many times more. The other problem was the risk reward set ups were always 1:1.5 and up, never settling for 1:1.

Next week, the goal is a higher frequency of positive trades, same position size set ups, and the willingness to jump out early when in the positive.  There were only about 1/4 of the trades that carried over longer than 12 hours.