Checking in on last week's review:TFT Royal Pro 25k Phase 1 Review - Week 18
For Week 19, I took 8 trades, focusing on these pairs:
- XAUUSD
- USDJPY
- GBPUSD
The week wrapped up with a net profit of $32.39 (+0.13%). My 5-day average profit per winning trade was $18.32, while my average loss per losing trade was $10.22.
My win rate for the 5 trading days was 50.0%, and my cumulative win rate now stands at 44.1%. The current drawdown on the account is $-177.65 (-0.71%).
Summary of the week:
Monday: Couldn't find any trading opportunities, so no trades.
Tuesday: Couldn't find any trading opportunities, so no trades.
Wednesday: One win, two losses.
Thursday: One win.
Friday: Two wins, two losses.
Review of This Week’s Performance:
This week's performance was decent. My emotions remained stable, and I had the patience to wait for setups. I finally got back to $24,800
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 20 Goal:
I'll continue to wait for A+ setups to achieve positive growth. Having finally reached the $24,800 level, I can now increase my risk to 0.2% per trade.
My focus remains on executing each trade well going forward.