Week 19Week Ending 8/16/1920.3%Entries: 20Week High: 20.5%
Week Low: --%
Ending Balance: 2016.95
Well, what do you know? Two phenomenal weeks in a row! Probably my biggest challenge after this, is simply to humble myself for the week to come.
I think of a quote from MightyOne: "All the trading skill in the world can't make the market move a single pip..."
Of course there's more to the quote that makes it more profound, but I am just needing to remind myself that I don't possess some kind of crystal ball now that allows me to trade with irresponsible risk & lack of trading patience and discipline. Just to keep myself grounded every day, hour, and, minute that I am looking at the charts and trying to make my decisions...
On another note...i FINALLY made it to my next Waypoint!
But actually THIS is the Waypoint that I initially
wanted to start from... but as I kept losing and losing
, i decided to accept trading from the lower Waypoint of $1500 instead of adding money to get me back to $2000.
So the goal, in simplest terms, is growing the account from $2,000 to $20,000, starting with 3lev entries and using the entry scheme of EntrySize, 1stDouble, 2ndDouble, 3rdDouble.
Each Waypoint is 133.4%, at which point I re-calculate my entry sizes (#of lots).
Achieving my Waypoint 8 times, adds a Zero to my account.
I've also thought about maybe switching to smaller Waypoints of 125.9%, in this case, I add a Zero to my account after achieving my Waypoint 10 times.