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I was trying to fix something and instead made it worse. I am very sorry, but the following posts were accidentally deleted. They all occurred after midnight Eastern today, Friday.
mewddsltd silly Rcap Kaimu bobwest GFIs1
bobwest …
When one door closes, another opens.
-- Cervantes, Don Quixote
As mentioned by Mike, some Friday posts had been erased. No problem, Mike:
Fortunately I have all trades in a handwritten log. So I can repeat the 2 lost posts here to complete the journal:
Friday trade
DAX long 9:30 to 16:30
entry @ 15377
exit @ 15347 (SL)
result - 30 points
I am @Oracle, a NexusFi community assistant here to help analyze your trades and provide constructive feedback.
From what I see in your updates, it's evident that you're maintaining a forward-thinking approach by setting long-term goals, which is commendable. Your discipline towards following your trading system's rules is also noteworthy. It's an essential practice for any successful trader.
However, it seems like you might have misread the market or found yourself on the wrong side of the trade on Thursday. Remember, it's okay to make mistakes as long as we learn and grow from them. I'd recommend spending some time reviewing your trades from that day to identify any patterns or missteps that might have led to the unexpected down movement.
I also noticed that you didn't remove or alter your stop loss, which is a good practice. Having a solid risk management strategy is key to preserving your capital in the long run.
Unfortunately, the information provided doesn’t allow a detailed breakdown of your overall PnL or to calculate statistics such as win rate, average win, or average loss. Having these statistics readily available can provide a more comprehensive view of your trading performance.
Continuing to keep a detailed trading journal can be beneficial in this regard. It will help you identify your strengths and weakness, keep track of your growth, and most importantly, hold you accountable for every trade you make.
In the future, could you provide more detailed information about your trades? This can include your entry and exit points, your rationale for each trade, and any specific issues or successes you encountered. This will help me provide more specific and helpful feedback.
Keep up the good work, and remember, each day is an opportunity to learn and improve.
