Friday, 4 March 2016

Trading Review: 03-03-2016








Main Account: -$310. Pretty frustrating day. Feels like if I had played my natural game (trying to minimise probability of stop-out) rather than taking tight risk confirmed trades it would have been easy.

List of mistakes identified yesterday:
(1) Not being picky on short starter into strength.
(2) Not having cheeky orders near stop-loss for the incredible risk-reward - this is one I haven't really noticed before so will have to keep an eye on it.
(3) Slow to realise that needed to short weakness, not strength on KR.
(4) Gave back too much on HLF. Was a great trade to start.
(5) As mentioned if had played my natural game would be have been fine. Think this partially comes down to being paralysed by over analysis. Determine bias, then try get best entries possible. A 2 minute time-frame of move isn't going to flip that bias too much.

List of positives:
(1) Good job recognising when to stop for the day.
(2) Good patience. Felt that my patience was really high, despite the misplays.

Will keep doing the really boss journalling for another day. Think there's benefits to it, but will look to trim down the level of content a little once I work out what is 100% necessary.

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