{"id":476,"date":"2025-02-23T19:02:39","date_gmt":"2025-02-23T11:02:39","guid":{"rendered":"https:\/\/www.egobusted.com\/?p=476"},"modified":"2025-03-01T20:43:31","modified_gmt":"2025-03-01T12:43:31","slug":"tft-royal-pro-25k-phase-1-review-week-1","status":"publish","type":"post","link":"https:\/\/www.egobusted.com\/en\/tft-royal-pro-25k-phase-1-review-week-1\/","title":{"rendered":"Review of TFT Royal Pro 25k Phase 1 \u2013 Week 1"},"content":{"rendered":"<p>I started this Phase 1 Challenge on February 14th, which was a Friday, and I included it in Week 1 for easy calculation.<\/p>\n\n\n\n<p>Week 1 was a bad start. I made a total of 19 trades.<\/p>\n\n\n\n<p>I had 7 positive exits, with a win rate of only 36.8%. The final result was a loss of $292.7 (-1.17%). It was a week of more losses than wins.\"<\/p>\n\n\n\n<p>I only traded five different instruments.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>WTIOIL<\/li>\n\n\n\n<li>XAUUSD<\/li>\n\n\n\n<li>USDJPY<\/li>\n\n\n\n<li>EURUSD<\/li>\n\n\n\n<li>XAGUSD<\/li>\n<\/ul>\n\n\n\n<p>Currently, I don't plan to trade indices because the volatility is a bit high, and I can't quite grasp it.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"\u7e3d\u7d50\">Summary of the week:<\/h2>\n\n\n\n<p>Initially, I planned to build my feel for the market, so I operated with a 0.2% risk. Normally, I would use a 0.5% risk. However, after three consecutive losses, I decided to further reduce the risk, lowering it to 0.1%<\/p>\n\n\n\n<p>Of the 7 winning trades, 3 were during the London Session, and 4 were during the NY AM Session.<\/p>\n\n\n\n<p>The NY AM Session trades tend to reach the take-profit (TP) more easily. The London Session trades take a much longer time.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\" id=\"\u505a\u5f97\u597d\u7684\u5730\u65b9\">What I did well:<\/h6>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Most of my trades were based on sound reasoning.<\/li>\n\n\n\n<li>I only made 1-2 trades per day, avoiding emotional trading.<\/li>\n\n\n\n<li>Risk management was in place\u2014despite more losses than wins, I only ended the week down -1.17%.<\/li>\n<\/ul>\n\n\n\n<h6 class=\"wp-block-heading\" id=\"\u4ecd\u8981\u6539\u5584\u7684\u5730\u65b9\">Areas for Improvement:<\/h6>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Avoid adding positions. I added positions 3 times, and all 3 were unsuccessful.<\/li>\n\n\n\n<li>Pay close attention to High Impact News. I ignored upcoming High Impact News twice.<\/li>\n\n\n\n<li>Respect Trading Sessions. I ignored the Trading Session once, making a trade at NY 4PM.<\/li>\n\n\n\n<li>Complete the Trading Journal promptly. Filling it out retrospectively is time-consuming.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"week-2-\u76ee\u6a19\">Week 2 Goals:<\/h2>\n\n\n\n<p>My current goal is to maintain a 0.1% risk and bring the account back to the starting value of $25k.<\/p>\n\n\n\n<p>I will focus on improving the areas identified in Week 1, striving to achieve more winning days.<\/p>\n\n\n\n<p>\u67e5\u770b Week 2 \u7684\u56de\u9867\uff1a<a href=\"https:\/\/www.egobusted.com\/en\/tft-royal-pro-25k-phase-1-review-week-2\/\" data-type=\"link\" data-id=\"https:\/\/www.egobusted.com\/tft-royal-pro-25k-phase-1-review-week-2\/\">Review of TFT Royal Pro 25k Phase 1 \u2013 Week 2<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>\u6211\u57282\u670814\u65e5\u958b\u59cb\u9019\u500b Phase 1 Challenge\uff0c\u7576\u65e5\u662f\u661f\u671f\u4e94\uff0c\u4e5f\u7d0d\u5165 Week 1\u65b9\u4fbf\u8a08\u7b97\u3002 We [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":494,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[50],"tags":[52,53,54,51],"class_list":["post-476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funded-trader","tag-challenge","tag-propfirm","tag-review","tag-tft"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/posts\/476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/comments?post=476"}],"version-history":[{"count":9,"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/posts\/476\/revisions"}],"predecessor-version":[{"id":505,"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/posts\/476\/revisions\/505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/media\/494"}],"wp:attachment":[{"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/media?parent=476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/categories?post=476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/tags?post=476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}