I lost my first trade again. I went short with the major trend but closed it when I saw the uptrend potient. I also opened a long position and closed it with profit.

I must find out how to trade with a winner of my first trade.

Tomorrow, I will not trade because my DP is on a business trip and can't monitor me per the VDS.

Remember, what I need is to produce 5%/week to earn 1,000% for our clients.
 
My first trade was a loss again even I was right about the direction. I must be patient to wait for the market to complete its consolidation before entering a position, especially the first one.

I did end today with 1.6% and I must remember all I need is to produce 5% weekly return consistently for our clients.

I must also achieve my other trading goal which is to make improvement on my trading and my mental skills.

Need to do weekly review later for find the areas I need to do better.
 
Today, I traded with emotion, afraid of losing after announced our new services, and closed my short EURUSD position at least 15 minutes earlier while I already changed the Stop Loss to Break Even.

However, my weekly trading target is 5% and I can meet it as long as I select the best possible trading opportunities even I close these trades prematurely.

Mental skill can be improved as long as I trade the other day and learn from what I am doing. I should feel good about my trading today because I did meet my goals.

Have a nice weekend.
 
It's the first day of the trading month and I started with a little impatient by taking first 2 trades a little too earlier without confirmation.

I then made the right decision to close the second trade with -7 pips and open a short position. I then add another short position when I lock in some profits for the 1st short trade.

I end up with positive results. However, I must learn to trade with patient. I may also understand that I can lose in anytime but must accept losses as part of my trading.

While my weekly profit target is 5%, I may also need to look for a longer term because I can't win every week. I should enjoy losses as long as I can learn and improve myself.
 
Well, as a reminder to me, I only need to produce 5% weekly return to turn my clients $25K to $250K in 1 year. Did I trade well today?

First, I did well patiently select my first entry point and avoid trading against the major trend for a 2% saving.

However, I did enter my first trade 5 minutes earlier. Need patient to wait for my entry point, instead of following the ups and downs market. It's lucky that I could exit it at BE because it's only 1 pip away from my SL.

The second trade was ok but both hit SL at BE.

I think I was trading ok because I risk nothing by moving SL to BE for 6% or more profit. Remember, all I need is 5% per week and I must select my trade well in order to produce consistent results for my clients.

Another improvement for me is that I can stop trading now which is very important for me to stay focus.

Big news coming soon. Don't trade too long. See you tomorrow.