| Day Result | Postive +35 (+41 before commissions). |
| STATS | --------------------------------------------------------------------- # Win Trades: 4 Win %: 80 # Loss Trades: 1 Loss %: 20 --------------------------------------------------------------------- Win $: 59 Win Shares: 800 Win Ratio: 73.75 Loss $: -18 Loss Shares: 200 Loss Ratio: -90.00 --------------------------------------------------------------------- Max Win $: 27 Avg Win $: 15 WRatio/LRatio: 0.82 Max Loss $: -18 Avg Loss $: -18 Win$/Loss$: 3.28 --------------------------------------------------------------------- Comments: Good win percent. See psychology for issues identified today. |
| Mood | Great. | No issues. |
| Stress level | No stress. Screen time: 45 mins. | Still working on 30-45 minutes screen time. I am at 45 min screen time now. |
| The Good | Finding good setups. Entry points are good. Average hold time was 15 minutes. | Goal: Keep working on this strategy until May 15 |
| The Bad | Only one loser (IAG) was because of bad interpretation of the bounce. I thought it was dead cat, but obviously it was live cat :) Exits are not good. Need to increase hold time with winners. See TEL, PAAS, GFA, PCX all went down after exit. | Goal: Identify candle patterns at the end of 5 min bar to decide whether to stay or leave trade. Work on exits now. |
| The Ugly | None. Stay with winners. | Goal: Think about staying with winners longer. |
| Psychology | Somehow, my patience clock start ticking after 10 to 15 minutes in winning position. I need to practice to hold on to winners longer than that. See pics to see that all winners could have held longer for some more juice. My work commitments are another reason. | No hurray, no sorrows is the goal. Practice scenarios in imagination to avoid such situation in future. Before beginning close eyes and imagine all green in PnL. And still waiting for candle signals to show up before exiting. |
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