Checking in on last week's review: TFT Royal Pro 25k Phase 1 Review – Week 25
For Week 26, I took 11 trades, focusing on these pairs:
- USDJPY
- EURUSD
- XAUUSD
This week concluded with a net profit of $36.18 (+0.15%). My 5-day average profit per winning trade was $39.03, while my average loss per losing trade was $17.13.
My win rate for the 5 trading days was 36.4%, and my cumulative win rate now stands at 43.4%. The current drawdown on the account is $-165.80 (-0.66%).
Summary of the week:
Monday | One win | +$48.86 |
Tuesday | One win, one loss | +$10.87 |
Wednesday | One win, two losses | -$35.69 |
Thursday | Two wins, two losses | +$35.84 |
Friday | One loss | -$23.70 |
Review of This Week’s Performance:
This week's performance was still poor, and I made a lot of mistakes again. Following my overnight position from last Monday, I did it again this Monday, though this time it hit my TP. Even though I won, I still broke my rules.
On Thursday, I also started trading during the London Session and took three consecutive SLs. I finally caught a move on the fourth trade that turned the day from a loss into a profit. But again, I broke my rules.
Both times I broke my rules were due to luck.
Journaling | ✅ Achieved. |
Emotional Management | ✅ Achieved. |
Eliminating wishful thinking | ✅ Achieved. |
Avoiding adding to losers | ✅ Achieved. |
Awareness of High Impact News | ✅ Achieved. |
Adherence to Trading Sessions | ❌ Traded in the Asia Session again. |
Limiting trade frequency | ✅ Achieved. |
Following Trading Rules | ❌ I actually held a position overnight. |
Week 27 Goal:
Just focus on executing your next trade well and patiently wait for those A+ setups.