How did I trade today? 20210714 - Bear Market Trader
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How did I trade today? 20210714

How did I trade today? 20210714

Sum­ma­ry: Pick em, then stick with em…. 

#fin­twit #order­flow #day­trad­ing #dai­lyre­port­card #trad­inglifestyle #day­trader­life #grasshop­per­sanony­mous #trad­ing­forex #trad­ing­com­modi­ties #NEXT

A small sum­ma­ry of how I did dur­ing the ses­sion. Things I did well. Things I need to keep work­ing on. Trade Reviews are part of my post-mortem but usu­al­ly I post those the next day.

Good Pre-mar­ket routines

Good Ses­sion PECS

Good Trade selection

Fair Trade siz­ing or SL placement

BAD Trade Exe­cu­tion & Mgmt.

Good Risk Adjust­ed Returns

Yes Dai­ly review

Mup­pet Meter (1 being best — 5 being worst): 4


Notes

GBPNZD

  • IB trad­ed high­er, IBR 0.65xASR, 
  • Took a long off break of IB. Not too hap­py about the IBR but let’s see what prints.
  • Long 1.97514, SL 1.97214, TP 1.97981
  • Took 0.3R prof­it think­ing sum­mer­time might not have the best sus­tained auc­tions as well as W1 sup­ply just above. 

DAX

  • B rotat­ed through Val­ue. IBR 0.51xASR. 


How well did I man­age my phys­i­cal, emo­tion­al and cog­ni­tive states?

I did well for the most part. I felt okay. Even though hav­ing a bit of chaos in my pri­vate life I think I did okay. 

What did I learn today?

That I can pick good trades but that my trade exe­cu­tion as well as my trade man­age­ment needs work. I will include more details on this tomor­row when I do my trade review. 

What’s one (or more) thing(s) I need to do more often?

Keep tak­ing trades based on my hypos. 

What’s one (or more) thing(s) I need to do less often?

Wor­ry about one sin­gle trade. The will to get a ‘win’ under the belt over­pow­ered my straight think­ing and I took prof­its too soon. This trade went up to 1.9R. More if I had bet­ter SL placement. 

Under the cir­cum­stances, did I per­form at my best?

I did okay…. Wasn’t the sharpest today to begin with but still took a chance. 

For my trade plan(s) on this par­tic­u­lar day, go here:

T3chAddict
t3chaddict@bearmarkettrader.com

Day trader. Tech geek. Sim Racing Enthusiast.

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