23 Jun How did I trade today? 20210623
Summary: Taking trades
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A small summary of how I did during the session. Things I did well. Things I need to keep working on. Trade Reviews are part of my post-mortem but usually I post those the next day.
Good Pre-market routines
Good Session PECS
Good Trade selection
Good Trade sizing or SL placement
Fair Trade Execution & Mgmt.
Good Risk Adjusted Returns
Yes Daily review
Muppet Meter (1 being best — 5 being worst): 2
How well did I manage my physical, emotional and cognitive states?
I did really well here today. I did not feel much while I was in the trade. I thought I was taking charge and going through OODA loops to consider staying with the trade and such. I did well here for the most part. The second trade I could have stayed with the trade longer as this would have scratched the trade instead of a ‑0.7R loss.
What did I learn today?
I learned today that I should focus on my 1R trades. I am in a DD so that is okay. But I am also thinking that often times I get 1R trades right. Then I can reassess if there is a way for me to hold on to trades longer or not. Like the scaling that I am learning right now might allow me to get better R multiples. But still until I am out of a DD, 1Rs it is.
What’s one (or more) thing(s) I need to do more often?
Take trades. Make mistakes. Only way to learn. Great job on taking trades.
What’s one (or more) thing(s) I need to do less often?
Worry about any one trade. Although, I did really well today.
Under the circumstances, did I perform at my best?
Yes, I did.
For my trade plan(s) on this particular day, go here: