Day 8 of my TopStepTrader combine, I really wasn’t feeling it right from the start. Sometimes you can just feel when you are going to trade well and when you will get caught up in it all. That was me during this morning’s trade session. Losses right from the start had me trying to get back to break even which led to in proper use of contract size. Just bad risk control and management. I hate losing, especially on Fridays, if you have chatted with me before you know In my trade plan is having profitable days on Mondays and Fridays, it does wonders for your mental state starting and ending the week with a profitable day whether its $1000 or $1 it doesn’t make a difference.
I had a decent week by making back all the losses (about 500 ticks or $5000) from losing 3 days in a row on crude prior. I’m still not back to trading crude to the best of my abilities but I’m getting there. Now I’m a few ticks below where I need to be overall to move on, of course I had to make it a little difficult on myself right!? I have Monday and Tuesday to make up 40-50 ticks or so.
Now to the real stars of the week, my students. They traded way better than I did hitting trades in several different markets such as Crude, ES and the Euro contract 6E. So proud at everyone’s awesome progress and understanding of both the Momentum and Price Action Scalping Strategy. Check out the video I made below highlighting all the trades that were taken this week!
Anyway, here is to some rest, relaxation and a good weekend off. It’s important to take some time away from the charts and screens every week!