aliassmith wrote:Yirbu wrote:aliassmith wrote:
11R. Over a 5 day period is good. If 1R = .5% then you get about 20% a month. Keep going and continue reviewing your work.
Yes, 11R would be nice.
I feel I should be able to get there and beyond with more experience.
Today was a day with various trades. 2 nice ones but my position size was smaller by mistake.
Price broke yesterday's high but wasn't able to stay above it. It kept dancing between yesterday's high and the 1.02 level.
220729 - EURUSDM5.png
Managed to get +3.5R in total today. Nice because I was afraid I would loose my +5.5R, ha, ha.
This brings my weekly score up to +9R
It's a nice score but I see so many things I overlooked, would have done different in hindsight, etc. etc.
But I also get a better feel for how price is behaving and that's good.
And I managed to follow my SSP (Super Simple Plan). Next week I will replace "not trading during lunchtime" (because that was too simple) with something else.
Hope you also had a nice week
9R is very nice also.
Continue to practice.
Continue to stay away from shinny things.
Continue to review your live trading sessions.
Continue to convert your hindsite into execution.
Don't limit yourself with return goals, set yourself up for success.
People don't understand the importance/power of mastering 1 pair, 1 session, 1 methodology.
Oh, if only they know.