Trade 9 Stopped Out -28 Points
Trade 9 Stopped out -28 Points

Todays trading...
Positives:
1.Managed risk very effectively
2. Never moved stop further away
3. Head logical in the moment explanations for every trade and live journaled for accountability.

Negatives:
1. Having more structure to what constitutes a trade (such as what does a pullback look like) will help get away from unnecessary trades.
2. May need to eliminate the breakeven stop and just either the trade works or it doesn't
3. A hard cap on the number of trades, I felt mental fatigue around trade 7. Maybe capping the trades at 6 is more productive.

9 Trades Total
3 Wins
6 Losses
Stats Below & Chart
June 4 Total Trades


June 4 Trade Preformance

1 Minute Man 

Todays trading... Positives: 1.Managed risk very effectively 2. Never moved stop further away 3. Head logical in the moment explanations for every trade and live journaled for accountability. Negatives: 1. Having more structure to what constitutes a trade (such as what does a pullback look like) will help get away from unnecessary trades. 2. May need to eliminate the breakeven stop and just either the trade works or it doesn't 3. A hard cap on the number of trades, I felt mental fatigue around trade 7. Maybe capping the trades at 6 is more productive. 9 Trades Total 3 Wins 6 Losses Stats Below & Chart June 4 Total Trades June 4 Trade Preformance

Your results are a bit skewed since commissions are not being factored. Right-click on the account and then click EDIT ACCOUNT. Select the NinjaTrader commission pull-down and then choose FREE, MONTHLY, or LIFETIME. The changes take effect on all trades going forward.

Good journal update!

ThemBones 

Your results are a bit skewed since commissions are not being factored. Right-click on the account and then click EDIT ACCOUNT. Select the NinjaTrader commission pull-down and then choose FREE, MONTHLY, or LIFETIME. The changes take effect on all trades going forward. Good journal update!

Thanks ill do that moving forward

1 Minute Man 

3. A hard cap on the number of trades, I felt mental fatigue around trade 7. Maybe capping the trades at 6 is more productive.

Just an idea, maybe think of looking at a higher time frame, maybe 3 or 5 minute?
I trade the 5 minute and took 3 trades today. There were many others I missed and did not see, and some I saw and missed.
But hey what do I know, I was in the red today. Just an idea.

Jim

rumsontrader 

Just an idea, maybe think of looking at a higher time frame, maybe 3 or 5 minute? I trade the 5 minute and took 3 trades today. There were many others I missed and did not see, and some I saw and missed. But hey what do I know, I was in the red today. Just an idea. Jim

Yep After I have my 30 trade set I will evaluate and see if any changes need to be made, But moving up to the 5 Minute is definitely a option

Trade 10 Short
Short:18821
18842
Trade 10 Short

Trade 10 Stopped with a loss
Stopped out:18842 -21 points
Trade 10 Stopped out Loss

Trade 11 Long
Long :18866
Stop:18840
Trade 11 Long

Stop moved to breakeven
Stop moved to breakeven trade 11