My q3 stats Highest net R : BTC Highest strike rate asset: EU Worst performance asset : US30 Best time: 5am-7am Best day : monday Worse day : Thursday
Best month: September
Best setup: m15 raid m1 QM Max R average 8.4 Average R 2.7
Key takeaways- stop trading Thursday as I’m net unprofitable thursdays
There’s room for me to increase my R target as many of my trades continue to run after I TP. When I’m trading well during the session bet more .
Most of my losses come when I haven’t gotten a full nights rest or don’t take the time to fully plan for the session (waking up Late rushing to the charts) I also take losses when I attempt to trade assets I’m unfamiliar with if my edge is slow in my primary assets (gold/oil)
I miss lots of opportunities not taking continuation setups as I have a bias towards looking for reversals . I also take unnecessary losses anticipating reversals. My mentality is “pricecan’t keep going lower/higher” when it indeed can
On average I’m only presented 4 HIGH quality setups a week my goal for q4 is to only look for those and maximize my opportunities when they present by betting big
Q4 goals. Find a way to increase my average R per setup. Increase overall strike rate to 65% (q3 sr 57%)
decrease average trades per week from 8 to 5. Further fine tune my entry criteria to limit the amount of setups I’m willing to take. Get better at adding to winning tradesThis post is based on this twitter thread.