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How did I trade today? 20210623

Sum­ma­ry: Tak­ing trades

#fin­twit #order­flow #day­trad­ing #dai­lyre­port­card #trad­inglifestyle #day­trader­life #grasshop­per­sanony­mous #trad­ing­forex #trad­ing­com­modi­ties #NEXT

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:

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