Today's trades
So my daily winning streak has conclusively ended today - I can no longer masquerade that the streak is still on when viewed from a different perspective.
Took many trades that I would not have taken if I had restricted myself to discretionary visual entries. Visually, there were no signals for Trades 1, 4 and 6, but when I saw that the risk was only 10-11 points, I took them anyway. Trade 1 was too important to leave, because it was low risk entry early in the day.
Analysis of the Trading Day
Am I back to my old ways, where I keep on taking trades, bleeding bit by bit to death? Let's analyze...
The shock defeat (Hehe...) gets me all bugged up, and getting into the analytical mode to fix my faults. Was it my fault? Did I do anything different, than what I have been doing over the past days? Was the day itself different from the other recent days? Was I just lucky to have been in that winning streak?
Then I finally find the answer looking at me in this chart. My last loss in points terms was on Jan 8, before the winning streak took off... and look at just how similar today was to Jan 8. Jan 8 and today were the only inside days during this period.
Ok, this chart analysis is a joke. But seriously, I don't think that I did anything different today from the other days. It's just that I did not get a entry that stuck and took me to profit. Need to watch the current system's performance on similar days.
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