Let's Day Trade Sir

This thread will be a journal where I mostly post:

1. my day trading weekly & monthly results/recap
2. live trades from time to time
3. any trading-related thoughts

I am open to respectful conversations.

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Feel free to join my Telegram channel/group chat. The purpose of the channel is to interact and socialize with other traders in real-time. As long as you are respectful, anyone is welcome.

I share my trades live in the channel, but they are not meant to be signals of any sort.

<Week of 8/16-8/22>



Higher risk: +4.34%
Lower risk: +1.05%

Not the best week, but not a bad week. In the future, I plan on going over a few of my good or bad trades in my weekly recap. However, sometimes, I may keep it simple like today.

Have a nice weekend everyone.

Feel free to join my Telegram channel/group chat. The purpose of the channel is to interact and socialize with other traders in real-time. As long as you are respectful, anyone is welcome.

I share my trades live in the channel, but they are not meant to be signals of any sort.

<Week of 8/23-8/29>

1. Higher risk: +1.97%
2. Lower risk: +0.51%

I gave back a good chunk of my profits on Thursday, but still came out profitable this week. I had a hard time reading the market that day.
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I would say my best trades this week were my EURCAD and EURUSD shorts on Wednesday. They were quite stress-free with not that much drawdown and luckily, the EURUSD trade closed out right at the bottom.

My worst trade was an impulsive short on EURUSD. This was on Thursday. I manually closed the position near my SL after 8 minutes of holding the trade.
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EURUSD H1 (8/26-27)

EURCAD H1 (8/26)

Attached Image

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Hopefully, I can trade better next week. Have a nice weekend everyone!

<Week of 8/30-9/5>

1. Higher risk: +6.74%
2. Lower risk: +1.68%

I gave back most of my Monday profits on Tuesday, but made a strong recovery. It was a good week!
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I took some good trades that I am proud of which resulted in a good week. I had 5 trades that hit full TP of roughly +40 pips with drawdowns of less than -5 pips.

GBPUSD H1 (9/1)

AUDUSD H1 (8/31 & 9/2)

EURUSD H1 (8/31)

EURCAD H1 (9/4)

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Have a nice weekend!

<Week of 9/6-9/12>

1. Higher Risk: +2.48%
2. Lower Risk: +0.63%

The returns should be more like:

1. Higher Risk: +3.4%
2. Lower Risk: +0.8%

All of my other accounts closed an EURUSD Long trade at around +27 pips on 9/10, but the Coinexx demo server froze EURUSD for about 45 minutes. Due to price freezing, the trade copier manually closed the trade at around +4 pips on both track record accounts. So, technically, I earned about +23 more pips than what the track record says. It is what it is.
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I wish I traded better today (Friday, 9/11). I could have called it a day after my loss on a GBPUSD short, but I opened a long after. The long position missed TP by 2-3 pips depending on the broker and reversed. I had to cut my losses.

On the bright side, I still had three clean trades this week that pretty much went straight to TP (roughly +40 pips) with little drawdown. This allowed me to have a decent week.
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EURUSD H1 (9/10) - Coinexx demo server

EURUSD H1 (9/10) - One of my other brokers

<Week of 9/13-9/19>

1. Higher Risk: -1.96%
2. Lower Risk: -0.44%

Tough week. I started out with two red days, so I had to spend the rest of the week digging myself out of a hole. I recovered a good amount, but still ended the week red with -31 pips. I definitely had a hard time reading the market this week. Just looking at how I only had one clean +40 pip trade pretty much says it all. Overall, I think I forced iffy setups that I should have avoided because I didn't see that many clear setups. Hopefully, I'll trade better next week and reach my high-water mark. Have a nice weekend everyone.

<Week of 9/20-9/26>

1. Higher Risk: +1.93%
2. Lower Risk: +0.45%

I had a decent recovery from last week's drawdown. I reached my high-water mark at one point, but gave back some profit. I'll have to aim for the high-water mark next week.

I'm a bit pooped because of how I ended the last trading day. EURCAD was choppy and I got chopped up in the movements. I attempted to pick the market direction 4 times in one day and got it all wrong. This is probably something I shouldn't be doing. Maybe I should limit my attempts on one pair per day. I'll think about it.
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EURCAD H1 (9/25)

Terrible.

<Week of 9/27-10/3>

1. Higher Risk: -4.37%
2. Lower Risk: -1.07%

Really tough week last week. Hopefully I can dig myself out of this hole over the next week or two. I reviewed all of my trades over the weekend and realized that I haven't been picky enough with my entries. Overall the number of trades per day have been increasing recently which I don't see as a good sign. Not only am I not hesitating enough on non-confident setups, but I have been making too many mistakes recognizing real setups.

Until I get my groove back, I am going to constantly review all of my good setups so I can recognize them more easily. As always, the market finds a way to humble you when you get too confident. I will stay humble and continue studying. I'm going to try to be more picky with my entries, trading more confident setups. My goal is to reduce the number of mistakes in recognizing good setups.

Hopefully, things will start to turn green again this week.