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Green Day today, with my largest winner being twice the size as my largest loser
positives:
1. Risk is staying well with in my 40 ticks per trade
2. Was able to trade the open which is something I usually avoid
3. Took what the market gave me
Improvements:
1. Accepting what the market gives me not every trade will be a 300 tick profit
2. Hold winners longer
3.Don't hesitate to kill a losing trade and walk away.
Key statistics from the day:
Total Profit/Loss: +86 Ticks
Profit factor:3.23
Total Trades: 6
Winning Trades:5
Losing Trades: 1
Average Winner: 25 Ticks
Average Loser: -38 Ticks
Largest Loser: -38Ticks
Largest Winner: 67 Ticks
Average MAE: 29 Ticks
Average MFE: 23 Ticks 2023_09_12 68 ticks
2023_09_12 (10_08_19 AM)23 ticks
2023_09_12 (10_06_16 AM) Boredom trade
2023_09_12 (10_05_16 AM)38 ticks
Can you help answer these questions from other members on NexusFi?
positives:
1. Stayed below my maximum loss threshold.
2. Added to a winning trade albeit briefly.
3. Created a new constructive trading rule.
Improvements:
1. I revenge traded because I was not prepared.
2. Didn't Stay focused on risk management.
3. Stop-Loss was wider than I like.
Key statistics from the day:
Total Profit/Loss: -185 Ticks
Profit factor:0.47
Total Trades: 8
Winning Trades:3
Losing Trades: 5
Average Winner: 56 Ticks
Average Loser: -79 Ticks
Largest Loser: -109 Ticks
Largest Winner: 100 Ticks
Average MAE: 56 Ticks
Average MFE: 38 Ticks 2023_09_13 (10_18_12 AM)
Screenshot 2023-09-13 102135
The following user says Thank You to KOTN for this post:
positives:
1. Risk is staying well with in my 60 ticks per trade
2. Was able to walk away after consecutive stop outs before going on tilt
3. Let a winning trade run
Improvements:
1. Take a 10 Minute break before re-entering after being stopped out.
2. Kill Losers Quicker
3.Its ok to walk away from screens
Key statistics from the day:
Total Profit/Loss: +162 Ticks
Profit factor:2.88
Total Trades: 5
Winning Trades:3
Losing Trades: 2
Average Winner: 83 Ticks
Average Loser: -43 Ticks
Largest Loser: -61Ticks
Largest Winner: 215 Ticks
Average MAE: 25 Ticks
Average MFE: 57 Ticks 2023_09_14 (10_49_15 AM)
The following user says Thank You to KOTN for this post:
positives:
1. Realized the reality of trading RISK must be managed
2. Realized I was trading P&L not market
3. Didn't Jump around
Improvements:
1. Do not add to losers ever
2. Take trades to find out outcome not forecast
3.The best trades are uncomfortable.
Key statistics from the day:
Total Profit/Loss: +127 Ticks
Profit factor:4.45
Total Trades: 10
Winning Trades:7
Losing Trades: 3
Average Winner: 37 Ticks
Average Loser: -45 Ticks
Largest Loser: -100 Ticks
Largest Winner: 109 Ticks
Average MAE: 95 Ticks
Average MFE: 32 Ticks 2023_09_15 (11_42_39 AM)
The following 2 users say Thank You to KOTN for this post:
Green Day today, with my largest winner being 3 times the size as my largest loser
positives:
1. Risk is staying well with in my 40 ticks per trade
2. Experienced no TILT today which was nice after a couple of stop outs
3. Allowed winner to run
Improvements:
1. Sticking to the 1 minute time frame
2. No revenge trading
3.Size up high conviction trades
Key statistics from the day:
Total Profit/Loss: +97 Ticks
Profit factor:3.37
Total Trades: 3
Winning Trades:1
Losing Trades: 1 Breakeven: 1
Average Winner: 138 Ticks
Average Loser: -41 Ticks
Largest Loser: -41Ticks
Largest Winner: 138 Ticks
Average MAE: 19 Ticks
Average MFE: 82 Ticks 2023_09_19 (9_53_38 AM)
The following 2 users say Thank You to KOTN for this post:
Today was a tough trading day as I only traded the close. I was trading to make money not to make good trades
positives:
1. Traded The E Mini without too much emotion
2. Only traded Nasdaq
3. Traded Fed Volatility
Improvements:
1. Nerves created hesitation
2. Held a micro swing just cause I did not want to take a loss
3. Did not follow my morning routine
Key statistics from the day:
Total Profit/Loss: +59 Ticks
Profit factor: 5.54
Total Trades: 4
Winning Trades:3
Losing Trades: 1 Breakeven: 0
Average Winner: 24 Ticks
Average Loser: 13 Ticks
Largest Loser:13 Ticks
Largest Winner: 40 Ticks
Average MAE: 19 Ticks
Average MFE: 29 Ticks 2023_09_20 (9_53_05 AM)
Screenshot 2023-09-20 100006
The following 2 users say Thank You to KOTN for this post: