e/u
-36
-46
i got whipped. wrong pair. The dow made a great trade. didn't do it since this is a forex account. Hmm...
then too much leverage for the sl used. lesson learned. news trades are hit or miss.
-14.4% bah.
first i should have checked for better mkt coorelation.
i adhered to my stops, but they were too wide and a good news trade works immediately.
i used bad leverge for nfp.
well up 60% or so for the week at the most, then gave back too much
bah... -14 or so today, it should have been -10% at most since it was 2 trades with 5% risk at most.
4% extra is a lot.
weeks total up
30.9%
so...
this weeks 7 Performance questions
1. What will I improve on this week?
Identifying the weakest to the strongest so I can catch the trend of the day...if there is a trade.
The second goal for the week is to work on my trade plans ahead of time. I will plan 3 trades and ahead of time per day, executing them if I am in position. Never deviating from the plan.
2.What was I proud of this week?
Catching a nice gbp/jpy trend move after I had set a trap for it.
3. What was my biggest accomplishment?
Same trades as above.
4. What have I done to get closer to my life goal this week?
5. What was hard for me this week?
time, sleep, waking up. New station, so sleep is a commodity.
6. What was my biggest waste of time this week?
Sitting in front of the cpu, without ritting down and setting up trade plans or specifically id no trades.
7. What did i do to make me ashamed this week?
NFP ... i was the sucker.
first didn't identify the right pair,
second i didn't set a good trade plan up including s/r
third i chased both sides of price...
fourth i used too much leverage, i should have used a smaller amount for nfp...
i'll reread this again throughout the week.
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