Checking in on last week's review: TFT Royal Pro 25k Phase 1 Review – Week 19
For Week 20, I took 5 trades, focusing on these pairs:
- XAUUSD
- USDJPY
- EURUSD
The week wrapped up with a net profit of $43.09 (+0.17%). My 5-day average profit per winning trade was $19.74, while my average loss per losing trade was $35.85 (from one trade).
My win rate for the 5 trading days was 80.0%, and my cumulative win rate now stands at 44.9%. The current drawdown on the account is $-134.56 (-0.53%).
Summary of the week:
Monday: One win.
Tuesday: One win.
Wednesday: Couldn't find any trading opportunities, so no trades.
Thursday: Two wins, one loss.
Friday: US holiday, so no trades.
Review of This Week’s Performance:
This week's performance was decent. I felt a bit disconnected from the market, but I still maintained my trading intuition. Even though I can now trade with 0.2% risk, I haven't waited for an A+ setup, so I've only been trading with a size slightly above 0.1% risk for now.
Journaling: ✅ Completed.
Emotional control: ✅ Achieved.
Eliminating wishful thinking: ✅ Achieved.
Avoiding adding to losers: ✅ Achieved.
Awareness of High Impact News: ✅ Achieved.
Adherence to Trading Sessions: ✅ Achieved.
Limiting trade frequency: ✅ Achieved.
Following Trading Rules: ✅ Achieved.
Week 21 Goal:
I will continue to wait for A+ setups to achieve positive growth. With the risk limit per trade now increased to 0.2%, my focus remains on executing each trade well going forward.