Good news first, I made absolutely 0 1-factor daytrades which have historically been my achilles heel.

The problem is that my 3-factor trades’ profitability dropped from 80%+ to 66%. Its nothing to worry about too much as this is still well within the paremters of profitability but is definitely something to keep an eye on in the weeks to come.

At first the absense of any trades after 11:15 am was a little eyebrow-raising but after going back and looking at my trades the reason became much clearer. Every day this past week except for Friday I managed to either hit my Net Daily Goal or get stopped out prior to 11:15. And on Friday, the action in the afternoon was hardly anything to get excited about. So all this big hole really means is that I’m sticking to my trading plan and hitting my target in even less time than I usually do. Hardly a development to be discouraged.

So this week I need to

1.) Make sure that I continue to focus on making 66%+ 3-factor trades with 0 1-factor trades
2.) Not shy away from early morning trades, but also not close myself off to afternoon opportunities when things aren’t going my way like this past Wednesday
3.) Really keep on top of my emotions this week as I start my first full week of 100% live trading. If Friday is any indication, then I still have some fear & conservatism to overcome in my trading
4.) Be a little extra careful this week as the volume is sure to be lighter than normal heading up to Thanksgiving which means that prices will likely be much less volatile with occasional flury of activity as big players will have much more influence