Net PnL: +$37.
Breakeven week. Which probably isn't too bad considering I had a "lapse of disicpline" day. Ultimately this just shows how important it is that I don't break my discipline.
This week I went through and fully defined my basic methodology. I believe this will be really handy going forward (and is worth reading daily for a little while to ensure fully sinks in how simple it is). Based on my methodology I shouldn't have (many) losing days. Indeed following it this week would have saved me from the two losing days that I had.
I feel like my "bad days" are getting better overall, which I'm quite happy about. Every time I recover from a "bad day" with a good mindset/discipline it helps further towards avoiding them in the future. As I've known since I've started back, the key is to avoid getting into a spiral - and then once have avoided getting a spiral for long enough, there will be no need to try to avoid getting in a spiral.
Few stats:
- 7/9 positive days this month. Biggest losing day similar magnitude to biggest winning day.
- 22/28 positive days since started back on new account.
- Most losing days have been due to lapse of discipline and/or faults in implementing methodology. Worth going through and working out exactly how many. Don't want to say all because sometimes it's subjective or whatever.
No comments:
Post a Comment