Not a bunch of stuff to write today. I’ve been spending a bunch of time getting my setup together and switching some process things around. In an effort to streamline my journaling a bit more I’m trying out integrating my tradersync logs with the site, but it’s not as clean as I’d like for now, so I’ll just write about my day for now as I try to figure out this other stuff.
I’ve been doing a ton of work on my risk management, which I believe is the KEY to longevity and I’m happy to report that overall things are shaping up. Below is my Profit/Loss Ratio in trader Sync.
I’m also noticing that I do great when I let the trade work, by picking my spot selectively and then letting them do what they need to do. The stress really goes down for me in those scenarios and that’s what I want 🙂
I’m going to work on getting that avg hold time of loser down as my trades should be WIPQ (walk into profit quickly). I want to see ths avg losers hold time drop to under 10 minutes for sure.
I’m still fine tuning all of this, but the goal is to set myself for the long term and not to be able to flash something in front of people and try to show off.