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start(May 2020): 13550
Additinal deposit: 5,000
current:24,594.22
result 2020: +6044.22
oct20bal
October trades.
oct20
Equity curve from May 2020. still in positive territory.
oct20eq
Target remains same as last month.
Next target.
account at 33,000, add a car
account at 20,000, reduce a car.
I will be updating when account is adding or reducing contracts or major updates. Monthly report seems unnecessary as current system if very low frequency trading.
Thoughts.
I have experienced with emotions with ups and downs but this would be the first time dealing with emotions when account is going nowhere. ups and downs, losing and winning to just produce similar account balance as it was three month ago. This is different frustration than when account balance is going down. Best way to describe would be disponing and bored at the same time. It seems to be bothering me more than when I had losing streaks but it could be true because it is happening now. Anway, no changes. Will continue to trade.
Thinking about waking up 1 hour earlier everyday to do more testing and researching. Restaurant work is physically demanding. Need to come up with a way to balance schedules so I do not tired myself out. Besides working out full body for 1 hour for 1 day a week, I added 10min work out in the morning. Slow squats and shoulder workout. Been two weeks and liking result.
Thankful to @TopGunNote 's post about Allen Carr's book about stop smoking, I had a pleasure to read the book myself. After while, I found it a little odd that Carr used mainly women as his case study and not a single male case was mentioned early in his book. More than half into his book, I realized something was off. Reading about pregnancy and women networking better than male got me to turn the book to it's cover and there it was "ALLEN CARR'S EASY WAY FOR WOMEN TO STOP SMOKING"
Although I had finished the book, I could not stop smoking right away. I believed that order for me to stop smoking, a correct instruction was a must have.... It was a weak smoker in me trying to prolong my smoking a little further. So, correct book was bought and read. Actually, read it about 3 to 5 times and after a few or trial and errors, as of 630 PM November 29th, I became a non smoker. 4 th day to be exact and feeling mostly positive and happy. Voice is clear, resting heart rate is at 70s etc. I have been a smoker for about 30 years and now I have very little to no desire to smoke.
Thank you TGN and Allen Carr. If you are a smoker, I do recommend his book.
With just 2 more trading days left for this year, I would like to share a good news. We are profitable for this year. 2020's total investment was $18,550.00 and it returned $8,350.38 to total account balance of 26,900.38(After data fees)
Here is trading performance and account equity graph:
2 3
Target remains same as September.
Next target.
account at 33,000, add a car
account at 20,000, reduce a car.
Statistics are still further away from what back test results was showing covering about 14 years, but I find it worth for me to continuing betting in 2021 with same system because sim trades are almost identical with real trading results. To be exact, there was 1 real time losing trade which disappeared from later back testing result, total of 12 negative tick slippage and 3 positive ones out of 88 total trades.
Restaurant update: Tons of stuff to do but I am thankful it is surviving. Many extra hours for me but I do not mind.
Smoking update: tomorrow would be the 30 day anniversary of me becoming a non smoker.
Thank you, Hope you all have wonderful Holidays and Happy NEW YEAR!!
4 trades so far. 3 stop outs and 1 profit. 1 trade had 3 tick negative slippage.
2020 was very interesting year. Life got very hard so fast. While adjusting with long restaurant hours, pandemic also arrived to make everything else difficult. But I have survived and achieved a few goals I had for myself in 2020.
*Survive(business)
*work out
*become a happy non smoker
*hit certain number in sales with restaurant.
*Do Dragonflag with proper form.
Goals for 2021
*hit certain number in sales with restaurant.(work on new menu, promotion and other ways to increase sales)
*Continue to work out everyday but Sunday. 15 minute in the morning for Tuesday to Saturday. Heavy work out on Monday morning for about 1 hour.
*payoff car note.
*continue to be a happy non smoker.
*Continue to let the system trade. Do not interfere and only react by the plan.
*front lever hold for 60 second.
*bicep curl with 100lb.
*Save certain amount for buying a gift for wife(Christmas).
*Find 1 profitable strategy.
Can't even hold front lever for a nano second now but I began the training.
On system trading, I might have to re visit old strategies and test it out on different markets. Almost everyday I come up with ideas and write on journal and test it on Monday with results that I would not trade in real market. So far, I only tested on ES because of liquidity but might extend to other markets with decent volume. I have not tested new ideas that I had last few weeks. I think I am getting tired of keep finding my ideas not tradable.
Well. Here we go 2021. Good luck and stay healthy.
Since New high on August of last year, it is not going anywhere. Last couple trades were ahead by more than 10 points but market tumbled down and made them losers. I was angry. I was disappointed. I was tempted to just take a points and lock in those profit but I did not. Backrest showed trailing stops and set profit targets did not work. I know the backtest results can not be 100% trusted but what else is out there for me to rely on?
System's max recovery time is at 411 days. It will have a down year or two. Let's be patience and follow the plan.
Next target.
account at 33,000, add a car
account at 20,000, reduce a car.
*Two month since I became a happy non smoker.
*other than 2 days when my lower back did not feel good, I exercised about 15min per day and 1 hour on Monday. 15min work outs are super sets with minimum rest to training cardio and strength.
Front lever update.
When I said 60sec hold for front lever, I had no idea it was almost record setting time. Many aim for 10, 15 seconds of hold time. Well...keeping 60 second as my goal. For February, do dragonflag hold and lat pull to gain more core strength.
I should not feel frustrated. How many systems or traders go bust on daily basis? Give in to fear or hope? I sure have been there and made so many stupid mistakes resulting busted accounts. Rather than frustration, I should be congratulating myself on how well I have followed my plan.
I got angry looking at myself sobbing and getting disappointed on how my account is not making a stellar performance. The main thing I asked, at beginning of this journal, was to develop enough mental strength to follow my own rules. Even if I lose again. I wanted to lose following my own damn rules. Not jumping up and down making emotion based gamble trades. And I have accomplished the goal. I can follow my rules now. I have done a great job hanging in and react accordingly. And also, will do great job in future following my rules. Good job, me!
I can allocate my energies more efficiently to do positive tasks since a lot of them are saved by not having to punch monitors, slam desk with fist, slam keyboard, dropping f bomds and blame everything else but me.
Snow day. Restaurant closed. Most of day spent on watching market, back test some of ideas, shoveling snow. and watching trade. System traded today. It was a the most profitable trade in 2021 and since inception, it comes in 5th.
unnamed (1)1
Best way to stay disciplined and following plan is seeing many of these in real time. Well, You gotta have an edge. A tested edge which might disappear tomorrow but thats another subject for later. Having tested edge and risk/profit management plan is a must to have. Without that, no amount of self discipline will save me from agony. And matter of fact, more discipline you are, more pain you have to endure if an edge is missing from trading plan. I still have trouble seeing these kind of trades, but I do not interfere with system.
unnamed
thiswillhappen
Watching those trades helped me gain mental muscles to take it on a chin and be OK with it. It is not pleasing to look at but there are other trades like this. Might have to wait awhile but it sure will come.
needthistoo
I still like to see winning trades than losing ones.
So, keep at it with current system. Keep testing other ideas and markets. Keep working out. Keep working hard at restaurant. will update balance on February's report.
