Hi again. I just got home from my office and I have a moment to wrap up.
I am slowly finishing this trading week and summing up my trading so far.
It was a fruitful week, although yesterday @Digger did not work half a day because I had no electricity, and today I exaggerated with limiting the risk and he did not take anything - my mistake
Summary of these few days:
1. Trade is my hobby and so far I do not treat it as a source of income and life. I earn money in normal work in a corporation
2. So far I am doing some research and I consider this exercise as having fun and a great puzzle. Digger is just fruit of it
3. @Digger has been working on the live account since October 1, 16 business days
4. The principle of @Digger's operation is simple
a) choose the setup according to principles: impulse, pullback, reject something, profit
b) manage setup and entire portfolio intelligently
c) use some tricks
5. My short term goal for this month was to earn 10% of my initial account balance. The goal was achieved over a week ago
6. My medium term goal (6 months) is
a) keep earnings at least 10% / month
b) improve @Digger. Unfortunately, I have many ideas for improvement, only time is short.
7. After @Digger survives 6 months, I'll start working on scaling it.
By the way, I will share my thoughts.
While the prediction of entering the position is very simple - in my opinion. There are really hundreds of ways to get entry signal and each of them is just as good - if only consistently. But, the most important thing is what we will do after entering the position. How we manage risk, loss and profit.
Thank you to everyone for this week, for all your warm words and support. You are a great team. See you on Monday
I am slowly finishing this trading week and summing up my trading so far.
It was a fruitful week, although yesterday @Digger did not work half a day because I had no electricity, and today I exaggerated with limiting the risk and he did not take anything - my mistake
Summary of these few days:
1. Trade is my hobby and so far I do not treat it as a source of income and life. I earn money in normal work in a corporation
2. So far I am doing some research and I consider this exercise as having fun and a great puzzle. Digger is just fruit of it
3. @Digger has been working on the live account since October 1, 16 business days
4. The principle of @Digger's operation is simple
a) choose the setup according to principles: impulse, pullback, reject something, profit
b) manage setup and entire portfolio intelligently
c) use some tricks
5. My short term goal for this month was to earn 10% of my initial account balance. The goal was achieved over a week ago
6. My medium term goal (6 months) is
a) keep earnings at least 10% / month
b) improve @Digger. Unfortunately, I have many ideas for improvement, only time is short.
7. After @Digger survives 6 months, I'll start working on scaling it.
By the way, I will share my thoughts.
While the prediction of entering the position is very simple - in my opinion. There are really hundreds of ways to get entry signal and each of them is just as good - if only consistently. But, the most important thing is what we will do after entering the position. How we manage risk, loss and profit.
Thank you to everyone for this week, for all your warm words and support. You are a great team. See you on Monday
