Weekly Review: 01-24-2016

Main Account: +$1171. Solid week with 4/4 profitable days. There were some faults though.

The first, was drawing down a lot on ZFGN parabolic and not using my size correctly.

The second, was getting somewhat tilted and being impatient/chasing.

It is pretty clear that I need to stay at these sizes, and this profit goal for a little longer to ensure the focus on consistency. Therefore will be the same goals for next week, all unaltered.

However, I met my goals for the week in that I: (1) obeyed my sizing rules, (2) Respected my max drawdown (although came close to it once), (3) Finished up for the day once $200 target reached. On the last day when I had the short UVXY conviction trade on I nearly broke this rule. but I stayed disciplined.

Back Account: +$1545. Really solid week, haven't quite reached first withdrawal, but another successful high conviction trade and I will be at first withdrawal for account; which will be good!

Adding in these stats for main account. Not much to see there, except that average winners should be a bit bigger than average losers.. However, there were quite a few trades that were cut off early (because of $200 goal), so happy enough with that for now.