Checking in on last week's review: TFT Royal Pro 25k Phase 1 Review – Week 23
For Week 24, I took 7 trades, focusing on these pairs:
- USDJPY
- EURUSD
- GBPUSD
This week wrapped up with a net profit of $22.67 (+0.09%). My 5-day average profit per winning trade was $11.95, while my average loss per losing trade was $8.37.
My win rate for the 5 trading days was 57.1%, and my cumulative win rate now stands at 44.3%. The current drawdown on the account is $-136.47 (-0.55%).
Summary of the week:
| Monday | Two wins. | +$35.34 |
| Tuesday | One loss | -$3.22 |
| Wednesday | No trades. | No trades. |
| Thursday | Two wins. | +$12.44 |
| Friday | Two losses | -$21.89 |
Review of This Week’s Performance:
This week's performance was decent, with a small profit. I tried to hold trades longer to capture bigger gains, but it didn't pan out. In fact, if I had closed positions earlier, I actually would have ended up with a bit more profit.
| Journaling | ✅ Achieved. |
| Emotional Management | ✅ 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 25 Goal:
Just focus on executing your next trade well and patiently wait for those A+ setups.