Checking in on last week's review: TFT Royal Pro 25k Phase 1 Review - Week 17
For Week 18, I took 3 trades, focusing on these pairs:
- XAUUSD
- USDJPY
The week wrapped up with a net profit of $132.28 (+0.43%). My 5-day average profit per winning trade was $44.09, while my average loss per losing trade was $0.00.
My win rate for the 5 trading days was 100.0%, and my cumulative win rate now stands at 43.8%. The current drawdown on the account is -0.84%.
Summary of the week:
Monday: One win.
Tuesday: One win.
Wednesday: Couldn't find any trading opportunities, so no trades.
Thursday: FOMC meeting, couldn't find any trading opportunities that day, so no trades.
Friday: One win.
Review of This Week’s Performance:
This week's performance was excellent. I patiently waited for good setups, and fortunately, the market moved smoothly, allowing trades to approach their TP (Take Profit) targets quickly.
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 19 Goal:
Waiting for A+ setups to achieve positive growth in Week 19.
When you stop trying to predict or force a specific target, and instead just concentrate on executing each trade flawlessly based on your rules and A+ setups, you naturally achieve better results. It shifts your focus from an uncertain future to the controllable present, which is where true discipline and consistency lie.