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Good Morning traders, yesterday was a mix trading day. The YM seemed to be caught in a choppy market. Lost approx 20 ticks. I was back into profit trading Crude. I'm currently long the NQ. Risk is 6317.75, Target for now is 6337.50
Every Friday i'll be posting my trading performance for the week. I do this to keep myself disciplined. Although I trade part time there might be weeks where I don't post.
I would like to see my Profit Factor a touch higher. This is what I focus on when analyzing my performance. 90% win rate....70% win rate....20% win rate, none of that really matter to me. I would like to see at least a 1.25 Profit Factor or better. Most of my negative numbers were from thinking I could catch the tops of the YM, big mistake. If it weren't for having a tight risk on my trades I'd be in the negative.
Good Morning Fellow Traders, First trade of the week. This trade was a little more risky as I was looking at 2 resistance points (Rectangles). Pa could have fill the Gap and stopped me out, however that did not happen. I was able to grab 72 ticks on what will hopefully be another strong week, JP.
