I’m quite ashamed of my performance this week. My tilt day on Tuesday messed everything up. Without 3 trades where I used wider stops, I would have been breakeven for the week instead of finishing negative. So lots of things to learn from this experience. After my tilt day I traded the rest of the week on sim and I think that’s a good policy.
Overall aside from the stop moving, the results were pretty similar to the weeks before in that I’m missing trades and taking invalid trades. Unlike the stop moving, which is 100% discipline & inexcusable, missing trades & taking invalid trades can happen. It’s not always obvious real time if a trade is in the setup. Part of that may be to having too complicated setups on my part and I will look at simplifying that by being more mechanical and pre-qualifying setups (writing out hypotheses) so that I can focus on execution while the market is open.
Now for some good news.. I only took 3 real money trades this week on Bund and was net positive. So I was able to learn “for free” this week and not lose any real money. However, the fact that I only took 3 real money trades tells me I’m still risk-adverse. I think I need more confidence in my method and that will come with more experience (sim or real).
So still making progress but it’s taking a while. I welcome all feedback, have a nice weekend.