Thursday, July 20, 2023

2023W28 Review

Win rate 81.25%, +31p and 16.6% equity growth in 32 trades.
Felt more like a "normal" performance.
With 5 full losses of -50p or more, it's quite a respectable outcome to be still in positive. A main reason was the double-sized trades.

Another adjustment this week was I set a standard TP to 15p from 10p. This was after reviewing past trades, realising that more often than not, winning trades of +10p would also achieve +15p. This helped to build up better equity to cushion any potential loss.

Of those 5 full losses, was there anything I could do to avoid them? Maybe, but I wouldn't call them bad trades because they were executed after the usual analyses.

Grade: B


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