Another day of good news, bad news. Again, I shot myself in the foot early in the morning (first play of the day actually) with a bad trade which I subsequently had to try to make for. That’s the bad news. The good news is that I only shot myself once and I was able to stay vigilant and patient for the rest of the day to trade & make up for loss.

After going back over my records, this pattern of early mistakes & later vindication is not new. This very same pattern occurred during my last level of trading. I remember specifically because it was almost as if there was a part of me that felt it necessary to intentionally sabotage my trading early in the day in order for me to get into the right trading mindset. (You know, because trading’s just too easy unless you start each day in a big hole to climb out of).

Before, once I was able to identify and move beyond this destructive pattern, it was the catalyst for propelling me to this level for the first time. At its root before, and I suspect now, was a tendency to over-trade in the morning session and chase after losses by loosening up on my trading standards after my first loss. Only then would I realize that I was on tilt and plan each and every trade like I should have from the beginning and slowly claw my way back into the day.

Once I eliminated the bad trades, the odds go up considerably I’d have a positive day. Unfortunately, today there was an accident not too far away that took out a power line near where I live & I was without power from 2:30 till a few minutes ago. This is unfortunate because I was in a nice little trading groove in the hours leading up to that point.

Despite being down 3 R-Units since having gone live, I feel incredibly optimistic about my future for despite the negative PnL, I haven’t been trading all that poorly.

Consecutive Days Hitting Net Daily Goal: 0
# Days Hitting Goal out of Last 20 (with goal of 16/20) : 2/5
Weekly PnL (Stop = -6.66) : -.33 R-Units
Total PnL this Level (Stop = -10.00) : -3.33R-Units