Today could have definitely gone better as I found myself in a couple of trades that I had no legitimate right being in. One of them is highlighted above. I got as close as 1 losing trade away from hitting my daily stop limit but managed to hang in there, find some good trades, and escape with a minor loss on the day of 1 R-Unit.

Unfortunately that ends my 6-day winning streak but it doesn’t really affect my ability to move up to the next level if I am able to trade well in the days/weeks to come. According to my plan, I can still proceed if I hit my target in 16/20 days…right now I’m at 6/7, so not bad.

The other way I could advance would be to go 10/10 days of hitting my target. And while today interupted that path, since my loss was less than 1/2 of my daily stop-limit total, I can still proceed down the 10/10 path upon making back what I lost today…which in effect would mean I’d have to hit my target the next 5 days in a row instead of 4.

Although I didn’t ge the result I wanted for today, I have much to be proud of after going down so much so early in the day. And after an 8 R-Unit winning streak, I can totally handle a 1 R-Unit drawdown…just gotta make sure that it stays at 1 R-Unit tomorrow!