How did I trade today? 20210810

Sum­ma­ry: Know when you’re lack­ing focus

#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.

My week­ly goals: 

• Min. 3 times work­ing out at home + manda­to­ry cardio
• Trad­ing rules
  • M15/M30 entries and exits at 1st DTTZ, M5 entries and exits at 2nd DTTZ
  • Use SL scal­ing in case the prof­it tar­get for the set­up doesn’t pro­vide 2R for exam­ple for FA or VAA setups
• No social media / mes­sen­ger apps / phone calls allowed dur­ing the trad­ing window

Good Pre-mar­ket routines

Fair Ses­sion PECS

BAD Trade selection

Good Trade siz­ing or SL placement

Good Trade Exe­cu­tion & Mgmt.

Good Risk Adjust­ed Returns

Yes Dai­ly review

Mup­pet Meter (1 being best — 5 being worst): 3

---

Notes

DAX

• IB trad­ed above val­ue but did not extend IB. Instead there was a M15 Three Out­side Down and con­tin­u­a­tion down. Tran­si­tion to M30 Three Out­side Down. 
• There was some con­sol­i­da­tion at VAH with no close with­in val­ue. Missed the trade as per hypo 2 due to not being at my desk. I’ll review the trade tomorrow. 

---

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

I was lack­ing focus a bit. Still haven’t ful­ly recovered. 

What did I learn today?

If price fails to close with­in val­ue it is a fur­ther indi­ca­tion of price want­i­ng to bounce from said val­ue. Of course if it fits the over­all narrative. 

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

Be patient and keep com­ing back to ‘play’

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

Wor­ry about get­ting trades in

Under the cir­cum­stances, did I per­form at my best?

I could have been more focused. I’ve been a bit out of it. I slept a lot last night but I still feel a bit off. If I was focused I could have noticed the PA around val­ue edge and per­haps even tak­en the trade. But I would have at least have stalked the trade and if I then would have tak­en it or not is anoth­er mat­ter. But I didn’t even notice the trade ful­ly even though it was Hypo 2. I did notice me being off so per­haps uncon­scious­ly I was telling myself to take it easy. 

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

20210810 Pre­mar­ket Prep DAX

See more

• Twit­ter
• Insta­gram