I haven’t done a video in a while so I thought I’d go over my trading results for the past week and show the spreadsheet I’m developing to track how well I trade to my plan.
Markus said something to me about how the P/L improves when we focus on trading our plan. Before I was tracking my expectancy but hadn’t finalized my plan and wasn’t trading my plan properly. I think that is the most important thing and expectancy will come if we trade well. At the time my expectancy of just 2 ticks was telling me that something was wrong and needed fixing.
This week my expectancy is still around 2 ticks however I made a lot more. And as I show in the video if I can just eliminate some of my mistakes and capture some of the missed trades, my performance would improve dramatically. So that’s the focus for the upcoming week and I’ll remain on simulator.