How did I trade today? 20210819

19 Aug How did I trade today? 20210819

Sum­ma­ry: Take what you can. Learn from the rest.

#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

Good Ses­sion PECS

Fair 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): 2

---

Notes

DAX

• Price tra­versed 0.86xASR dur­ing IB and extend­ed dur­ing C clos­ing well below IB. 
• Since I missed the break of IB (came home late) I decid­ed to wait for a late-sus­tained auc­tion entry at a pull­back to IB low but decid­ed a pull­back all the way back might be a bad sign as C had already extend­ed a con­sid­er­able amount. 
• When D closed as an Inside Bar, M15 Bull­ish Inside Bar to a Ham­mer. I actu­al­ly con­sid­ered going short again but didn’t as it is not a set­up I would nor­mal­ly take. I fig­ured with no buy­ing tail made price would want to make a LL before any rever­sal so the sen­ti­ment was still very much short. I took note of it and will review it tomor­row. That trade would have been at 1.5R right now. Even­tu­al­ly went to 2+R.
• I am wait­ing for a pos­si­ble Auc­tion Fade Long, per­haps at 2nd DTTZ. 
• The auc­tion fade came and I missed the best entry. This was while E was still devel­op­ing. In antic­i­pa­tion of a poten­tial rever­sal in F there was a M5 rever­sal (that tran­si­tioned into a M15 Inside Bar that was pos­si­bly going to tran­si­tion to a M15 THree out­side Up) that I could’ve used for entry which I will elab­o­rate on in my trade review tomorrow. 
• I went long after the M15 Three Out­side Up closed and there was a con­sol­i­da­tion on M5. Using stan­dard SL siz­ing (this was the only way due to cur­rent mar­ket conditions). 
• Long 15688.11, SL 15663.64, TP 15737.05
• When price start­ed tak­ing out sin­gle prints in C I took prof­it at 2 pips below IB low at 1R. Mind you that my pro­file TPO siz­ing was altered to fit my screen so this wasn’t actu­al­ly 2 pips below IB but it is okay. 

---

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

I kin­da lost my tem­per as I had missed the short trade, then missed the ini­tial long oppor­tu­ni­ty, then my mouse start­ed act­ing up and my win­dows were min­i­miz­ing by them­selves (I use ‘mouse with­out bor­der’ to con­trol mouse and key­board over two PCs and I had encoun­tered this ‘glitch’ once before but usu­al­ly it works. It added to the annoy­ance immensely. 

FX syn­er­gy decid­ed to only put on a half posi­tion as well but I think in my annoy­ance that might have been a human error ie. all on me. I walked away and am okay about it. Good that I was in-tune with the mar­ket. Not too hap­py about leav­ing mon­ey on the table but hey… I fuck­ing ‘called it’. Next time my friend. Next time. 

What did I learn today?

I learned that I fuck­ing know shit. I KNOW SHIT. About trad­ing at least. Not much about oth­er things but trad­ing is some­thing that I know shit about. Now my con­fi­dence, guts, balls need to catch up with what I know I know. 

This will all come in good time my friend. All in good time. Keep com­ing back day in day out and you’ll nail it. Have such a great day. Do every­thing right. Go long. Go short. Go long again. No big­gy. Will be a great fuck­ing day. A day that no one will ever know about as this is one lone­ly endeav­our 🙂 but one that you have to, no need to do if it calls you…. It beck­ons you… Alright enough with the nov­el writ­ing over here 🙂

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

Keep com­ing back and get in tune with the mar­ket. Let the mar­ket lead the dance. Just hop on its toes and fol­low the swing. 

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

Wor­ry about tak­ing trades. I fuck up I fuck up. That’s okay. Learn, and on to the next. 

Under the cir­cum­stances, did I per­form at my best?

Mwe­hh… Good I got that one trade in but I could have had 3 maybe even 4 trades in total…. What the fuck… still con­sid­er­ing… I did well 

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

20210819 Pre­mar­ket Prep DAX

• Twit­ter
• Insta­gram