2023W25 Review

61% win rate, -235 pips, nearly -47% of drawdown.

One of the worst week, if not the worst, in my trading journey so far.

61% win rate didn't sound too bad, but losing 270pips on the final trading day and ended with half the account size, was definitely awful.

One key factor was FOCUS.

With a job interview / technical test of the following week in mind, it was hard to keep mind free and clear at all times.

Things really got rough on Friday, when petulance and recklessness got the better of me, and I played with double lot size, raking up 5 losses in a row, that was about -170 pips. 

自暴自弃，报复心态，totally messed up emotionally.

Grade: E

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2023W18 Review

Desperation

Petulance

Vengeance

Demotivation

These were among the emotions that drove me this week

No surprise, it's a devastating week, where I lost over 200p, $100, or about 30%

The only surprise was I still have my account

But with just over $100 remaining, it's as good as busted

The 20p challenge didn't work for me, at least not in this state of mind

Was too desperate to prove something

After taking a few days of break, I've reverted to trading demo again

Turned out to be rather positive performance, with less emotional stress and fear

So... how do I know I'm ready for live trading again?

1. When I'm profitable with at least +80p weekly gain for 4 out of 6 profitable weeks
2. When I'm getting Grade B for 4 out of 6 weeks of at least Grade C
3. When I can declare that I'm on top of my emotions while trading a demo account

The last one isn't scientifically measurable, but let's start like this...

Grade: E

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