Keep Calm and Don't Move Your Stops.....

A little risk management saves a lot of fan cleaning!

The Purpose of Life is Joy!!

Thursday, May 4, 2017

+1.5RR

Yesterday was a .5RR loss. Mostly due to commissions. Today was a one and done day.

I missed the short at 5:00 AM because I didn't get to the charts in time and I missed the re-test by a tick or two and so I was limited to a smaller trade after the cash open. Smallish risk and I went for 1.5X risk which I got. That was enough for me today. I simply want to start putting more winning days together even if they are smaller ones.

Even with all the losers, I haven't even given back 10% of my winnings from 2 weeks ago. That is a good feeling although that winning week seems like an eternity removed from right now. My only task is to return to that winning form.

I am spending a lot of time in visualizations lately...ok, just started really, that winning week was the beginning and last week I failed to keep it up. This week I've begun again although for some reason, it hasn't been as easy to focus. Not sure why but I'm working on it.

For now, I'm content to put together a few days of back to back winning by just following the process.


4 comments:

  1. You get up really early given your time zone

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    1. Indeed....and it keeps getting earlier as my body clock keeps waking me sooner and sooner....I hate it. I get so sleepy early afternoon when the weather gets warm....I'm working on resetting the body clock though.

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  2. still got a day tomorrow to work the week's pnl - hopefully there will be whales to reel in.

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    1. lol, I'm generally ok with minnows as long as it doesn't cost to much to reel them in!!!

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