I made some more significant progress today meeting my goal of [# Good Trade = Bad + OK ] for the first time. But the mistakes I made were costly and I did not end the day profitable overall. I added another metric on the spreadsheet that I will be tracking. It is Erros per Trade (EpT). It is merely the total # of trades that I made that day divided by the sum of all the “Y”s in the orange columns.

The good news is that it is has been getting smaller. Being 1.34 the first day, .92 on Tuesday & .75 today. Despite the PnL results for today, if I can keep the error reduction trend and the % Good Trades trend continuing in their present direction, then I may just about be on the doorstep to Scalping Consistency.

Here is the Full Spreadsheet Download for those of you who are interested