Sunday, 28 August 2016

Weekly Review: 08-28-2016

Net PnL: +$14359.

Monster week. Most important thing to realise from a week like this is that you only need a couple of these a year, combined with small consistently profitable trading for the rest of the year; and you can have a decent year.
With this in mind it is really important that I focus on the consistency notion going forward. Still look to do well in niche setups, but realise that it isn't the most important thing. This is particularly the case when you consider that I have always struggled to pull together consistent months.

Week started off pretty marginally, was trying to do too big size on a wider range of setups. There was some frustration and some tilt. There was also some impatience which lead to some undesirable situations. This is kind of the situation I have been in, in the past; where have some decent days and give a bit back - leading to poor trading behaviour.

But came through later in the week and corrected it a bit. Still not the greatest trading though. Again, for the coming week I've just got to focus on taking good setups, at good prices - which will help consistency.

This was the first week back I have broken my max size rules. That's not good enough, and will potentially lead to blow-ups at some point.

No comments:

Post a Comment