Fun week as I traded more than usual but I didn't overtrade (maybe)... Not the best result in term of winning % but still a good 60% and the P&L was positive, considering that I'm still trading with small sizes I can't complain. I started the week with a big loss in % (13%) of which I'm quite disappointed and that has affected my confidence the days later and of course the final result.
On the contrary the end of the week was good, I got 3 profits in a row, all 5% as I was practicing a new strategy about taking profits earlier than usual because in the past it happened many times to me that the trades retraced after 5-6% profit and I got losses or closed trades at break even. For that reason next week I'm going to increase my trading size so I can keep part of my shares to sell later in case the stock continues to run up.
My biggest loss of the week was because I bought a stock in anticipation of new HOD that didn't happen and moreover it fell fast so I couldn't cut my losses at the stop loss I had planned, another lesso learned.
I had to write my psycho journal as I missed a profitable trade for psychological reasons and I'd like to avoid that in the future, I found this exercise very useful ut you have to be honest to yourself and be willing to expose your weaknesses.
Besides the long week end I didn't study a lot as I had friends visiting me so I took some time off starting from Friday's afternoon and even if I love trading once in a while we deserve some rest, now I'm ready for another exciting week! :)



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