Hey guys, this post is actually well over due, I had one of my best trading days this month and it may turn out to be my best week yet. My risk was consistent and lots size in control, everything on point. In addition to that I was sooo very close to break even (2K)(by the time I wrote this I was already 10% for the year 🙂 then back down to -40% and now coming back to this again 2 weeks later im 5% for the year after doing a huge YO-YO in my equity curve. below you’ll notice I had a good 2 days to start and then massive drawdown for the next 4 days. I hate when loses come, I feel loses are obviously inevitable in this business but one must always control the risk or you will blow the F up.
anyway I’ve been meaning to write this post since May 10. “Am I ready?” It’s funny because the post before this I talked about almost making it and essentially being ready. Next thing you know I blow 700 in a day. I think fear is always a good thing just not while trading. My biggest fear right now is to not be successful as trader once I decide to leave.
Can’t remember where I was going with this post so I will stop here.
My goals going into next week and to follow for the rest of the year:
- not trade on friday
- keep my risk consistent
- only take my BEST TRADES!!
- control my damn lot size for the day and my trade limits!
anyway wish me luck,