Checking in on last week's review: TFT Royal Pro 25k Phase 1 Review – Week 10
For Week 11, I voluntarily took three days off, and with one additional holiday, I couldn't find any setups on Friday. So, there were no trades at all this entire week.
My cumulative win rate remains at 40.3%. The current drawdown on the account is -1.82%.
Summary of the week:
No trades.
Review of This Week’s Performance:
Even though there were no trades, I still have some observations worth recording.
During the three days I took off, I didn't feel any urge to look at charts. This gave me some time to reflect on the past two periods. On days with poor performance, my psychological state was usually unstable – for example, feeling tired or being impatient to pass the challenge quickly. These mental states led to rule violations, such as entering trades without an A+ setup, which significantly decreased my chances of winning.
On days with good performance, I tend to be more patient. I can stick to looking for entries only during the NY AM Session. My targets aren't set too far either; I take profits when they're there. When a trade goes against me, I also find it easier to exit early and reduce losses.
Week 12 Goals:
Focusing on recovering my mindset and patiently waiting for A+ setups. Slow is smooth, smooth is fast.
My plan is to gradually build the account back up to $24,800 using 0.1% risk per trade.