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During this 30-session exercise I realized narrowing down my trading window to just 2 hours daily 10 am -Noon EST 7 am-9am PST it helps me focus on 1-2 trades daily and helps me use the ORB opening 30-minute price action moving forward that 2-hour window will be when I place all trades.
The goal of refining this is making 1 or 2 high level trading decisions a day and journaling all of them. This adjustment may also help me extend profit targets in winning trades.
I spent my trading session looking for immediate follow through to the upside after two long attempts totaling 61 points in losses. I will need to work on my patience in the upcoming week.
I do like the 2-hour 7-9 pst 10-12 pm est window of trading on a 1-minute chart that is still 120 candles to make a decision so plenty of opportunity
Still following my rules so two stop outs and done for the day.
With first 30 trades down and 15 sessions complete. I am right at breakeven total.
Biggest fix larger winners I need to capture more 20 and 30 point wins to offset losses, as one loss is currently about 6 winning trades.
That is good to see and is something I will focus on in the upcoming week.
Something I will be adjusting next week is using stop losses but removing profit targets and using time as a exit. This will help me hold trades longer.
This was a big issue for me, what I had to do was modify my system to invert the negative R:R - Honestly, my big breakthrough was giving Claude over 2k trades and the tick data for every trading day since January this year and find exactly where I was profitable. That period included all of my worst trading (overtrading, revenge, inverted R:R, ext..) Even through the worst trading I could possibly do, we were able to find exactly where my edge was. Which is the system I trade today. With rules built specifically for my leaks. It turns out I was profitable the whole time, even through the worst trading habits, but I would have 1 or 2 blow up days a month where I would give back everything I made. So a hard unbreakable cage was built around that habit. A negative R:R was also one of my big leaks and that has also been fixed, but my way. I scratch or take a lot of small winners, but about 8% of the time, I get my 50pt move and that carries the whole set. I dont know if this is helpful for you, I hope it is! thats how I found my path through.
Widening up the candlesticks to fill the screen with your 2 hour window or just the trades, then print screen would help alot. Yes it is a simple stategy.