Spreadhseet: docs.google.com/spre...ESktmj59e3rHiD8Nekrk
So this week was very rough, but that is the reality of trading. After two really good weeks the drawdown had to happen at some point.
After such a week you have to sit back and review your trading, is the drawdown a "natural" drawdown? (which means you traded perfectly but the market did not respond) or an "artificial" drawdown? (which means it is due to mistakes in your trading)
I reviewed my trading this weekend and I have realized a few things:
- All the trades met my rules, which means my trading was good.
- But there was one very big mistake: because I do not trade full-time, some days I have to go through the charts very fast. And this meant that this week I failed to notice three trades that met my rules, and that would have actually been winnners. If I had taken those trades, it would have put me in a break even or even profitable week.
For example:
Moral of the story.... To be excellent at something you need to give it your 100%, if you dont you mistakes will happen. So I either have to dedicate more time to trading or it is not going to work.
So this week was very rough, but that is the reality of trading. After two really good weeks the drawdown had to happen at some point.
After such a week you have to sit back and review your trading, is the drawdown a "natural" drawdown? (which means you traded perfectly but the market did not respond) or an "artificial" drawdown? (which means it is due to mistakes in your trading)
I reviewed my trading this weekend and I have realized a few things:
- All the trades met my rules, which means my trading was good.
- But there was one very big mistake: because I do not trade full-time, some days I have to go through the charts very fast. And this meant that this week I failed to notice three trades that met my rules, and that would have actually been winnners. If I had taken those trades, it would have put me in a break even or even profitable week.
For example:
Moral of the story.... To be excellent at something you need to give it your 100%, if you dont you mistakes will happen. So I either have to dedicate more time to trading or it is not going to work.
