Weekly P/L: -$47.37

Monday and Tuesday started out well, my only 2 green days. Wednesday through Friday however, very red. Even though this week was red, I am on the right track. I've only really been actively trading since June I believe. I am still trading with small positions until I get some consistency. Growing pains hurt but we all have to start somewhere. 

Great Trades: 

SNTI(until my second attempt), PSQH, UAVS, GWAV, QBTS, PRFX, OPTT

Awful Fumbles: 

ZBAO, MIGI, ZJK, CYCN, UMAC, SNTI(my second attempt)

Room for Improvement: 

- I am currently overtrading, I need to chill tfo and just focus on the best setups, the market has been wild lately and I can tell mentally that I am scattered and having a some FOMO that's causing me to try and play everything that looks like it's running 

- Tighter stops, I should not be allowing my losses to run. My big loss with ZBAO was a nice lesson. shame that I couldn't trade in the 4am-7am time frame since I was up and watching it run. I would have had decent gains, and then when pm finally opened it tanked and the losses definitely hurt. My only saving grace was that my position was a bit smaller due to my trading rules. Still a decent red trade though. 

-Easily influenced; need I say more? I do better when I plan the trades myself and work with what fits for me. 

-My PM/AH trading had been very inconsistent and mostly red. My ZBAO trade proved that I need to stick to my updated trading rules. I did have a no PM/AH trading rule, but with the current market that is where all lot of the runs are happening and the market is a little more cool during open hours. My PM/AH trading ban has been updated to small positions only and if I am available to monitor since it's usually volatile and you cannot set stops during those times. 

Strengths: 

- My swing trades are one of my positive areas, with decent percent gains. 

- Improvement taking gains along the way and increasing my overall profit for trades. I still struggle with this but I have been seeing an improvement since noticing that I was getting to greedy and then avg. down or into the neg by not moving my stops along the way or just locking in. 

- Happy & Proud that I finally customized my trading/profit tracker sheet to my liking(there's still some additional features I am going to add but the foundation is in place for the essentials). Looking forward to analyzing my progress and the trades there so that I can continue to improve and optimize. 

 

My new routine: 

I am going to a make it an end of week habit to do a recap and batch load my trades in. I made an excel doc that I am currently obsessed with and will be keeping track of and analyzing my trades mainly there. I still need to create the dashboard with overall stats and a section for monthly trading states. But for now it is doing an amazing job calculating my P/L for the day and then my overall P/L for the week&month. It's dynamic too so I can choose the month and change the year and it'll automatically set up the calendar dates and calc my P/L for that timeframe. Large thanks to youtube, thinking outside the box, and the real MVP ChatGPT. I love it, its great, for whatever reason I can't add a picture of it to this post. If I get the insert image to work I'll come back and update this post.