I have to say right away that the last two trades of the week did sting, I got my greedy arse handed to me quickly. That being said, I remained relatively calm and just closed out when I realized that this thing was likely to keep going, and it's Friday, not sure what I was thinking.
So now I got that out of my system, looking back at my trades and results, it was another great week. My entries still suck for the most part, and I find myself recovering more than I like, but can't argue with the results.
I found myself placing mostly short term trades this week, taking profits abnormally quick. I will likely continue to do so until I can comfortably hang onto a trade or two with some room.
I will not be raising the risk level again this week because I am still not comfortable with doing so yet. If next week is profitable, I will seriously consider raising my lot size from $2 to $2.50 per position.
That's it for this week, will rest up for next.
So now I got that out of my system, looking back at my trades and results, it was another great week. My entries still suck for the most part, and I find myself recovering more than I like, but can't argue with the results.
I found myself placing mostly short term trades this week, taking profits abnormally quick. I will likely continue to do so until I can comfortably hang onto a trade or two with some room.
I will not be raising the risk level again this week because I am still not comfortable with doing so yet. If next week is profitable, I will seriously consider raising my lot size from $2 to $2.50 per position.
That's it for this week, will rest up for next.