I daytrade the market open long since April 2020. I mostly paper traded until Dec 2022 and then I started with 5 000 dollars and the account is down to 3 000 dollars. Biggest win ever (paper and money account) 301 dollars. Biggest loss ever 88 dollars. Down 23 dollars in Sept, down 154 dollars Jan-Sept 2024. Percent target trades in Sept 88, mean 2024 88. When I calculate the winning percent on every trade 48, mean 2024 45. When I calculate the winning percent per day it increases to 50. I also practice to register trades according to Anmol Singhs 2R system. He advices people to focus on Risk Reward instead of dollars. You increase the focus on risk reward or become aware that you need to improve risk-reward. I have noticed that it is hard to decide where to register the trade in the 3R, 2R 1R or random column. Usually I plan for a 2R trade and it ends up a random trade. It is a sign that I seldom end up following the written plan, something else happens. The market opens. Sometimes the price rushes by my entry. I see that the trade do what I thought and hurry to enter. I was "right" but the trade I took turned out to be a completely different trade with a bad risk-reward. I need to stop chasing a missed trade. It is very frustrating to be focusing on the 1-2 runners of the day and still mess up the entries and exits. I need to be more patient and wait. I think that there are a lot of people struggling to be a consistently profitable trader but we seldom get to read their stories.
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