Sunday, 24 May 2015

Weekly Review: 24th May

Back Account: +$2316. Bit of a disappointing week overall. Was quite sick coming in on Monday and didn't trade, then traded Tuesday which was a decent loss (-2581) which killed my motivation to trade on Wednesday (was still a little bit sick, but that's really just making excuses. Of course Wednesday was the day where there was plenty of opportunity in the low float space, so that probably would have been a decent day for me.
Then came in Thursday and crushed it (+7199), and gave some back Friday (-2302).

Things lacking for the week:
- Consistency. 1/3 days profitable simply isn't good enough.  I don't recall what it was on Tuesday, but Friday should have been a profitable day but I didn't trade well enough, psychologically (poor patience and discipline), and trade management (only small factor).
- Momentary lapses of discipline. Certain losses are much bigger than they should be. Eliminate this and my losing days will be smaller.
- Too much boredom trading. Need high conviction ideas!

Positives for the week:
- Have been quite sick and bounced back nicely.
- Another positive week.
- Crushed a day when there was plenty of opportunity.

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