{"id":500,"date":"2025-03-01T20:34:17","date_gmt":"2025-03-01T12:34:17","guid":{"rendered":"https:\/\/www.egobusted.com\/?p=500"},"modified":"2025-03-01T20:43:31","modified_gmt":"2025-03-01T12:43:31","slug":"tft-royal-pro-25k-phase-1-review-week-2","status":"publish","type":"post","link":"https:\/\/www.egobusted.com\/en\/tft-royal-pro-25k-phase-1-review-week-2\/","title":{"rendered":"Review of TFT Royal Pro 25k Phase 1 \u2013 Week 2"},"content":{"rendered":"<p class=\"translation-block\">Check out last week's recap: <a href=\"https:\/\/www.egobusted.com\/en\/tft-royal-pro-25k-phase-1-review-week-1\/\" target=\"_self\">Review of TFT Royal Pro 25k Phase 1 \u2013 Week 1<\/a><\/p>\n\n\n\n<p>In Week 2, I made a total of 19 trades. Again, these were across the same 5 instruments:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>EURUSD<\/li>\n\n\n\n<li>GPBUSD<\/li>\n\n\n\n<li>XAGUSD<\/li>\n\n\n\n<li>USDJPY<\/li>\n\n\n\n<li>WTIOIL<\/li>\n<\/ul>\n\n\n\n<p>The week concluded with a further loss of $6.97 (-0.03%). The 5-day win rate was 37.5%, and the cumulative win rate is 37.1%. There is no progress.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"\u7e3d\u7d50\">Summary of the week:<\/h2>\n\n\n\n<p>Monday and Tuesday were uneventful, ending barely at break-even.<\/p>\n\n\n\n<p>Wednesday showed some improvement, but Thursday completely gave back all the gains. Friday only managed a slight profit.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"\u505a\u5f97\u597d\u7684\u5730\u65b9\">What I did well:<\/h3>\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 avoided emotional trading.<\/li>\n\n\n\n<li>I implemented risk management. I closed positions early in response to the London Session Close and Friday.\"<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"\u904e\u53bb\u7684\u7684\u6539\u5584\u4e4b\u8655\u5730\u65b9\u8ddf\u9032\">Follow-up on previous improvements:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Avoid adding positions - Achieved<\/li>\n\n\n\n<li>Pay close attention to High Impact News - Achieved<\/li>\n\n\n\n<li><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ae0000\" class=\"has-inline-color\">Respect Trading Sessions \u2014 Partially achieved<\/mark><\/li>\n\n\n\n<li>Complete the Trading Journal - Achieved<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"\u4ecd\u8981\u6539\u5584\u7684\u5730\u65b9\">Areas for Improvement:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>One day, I took 6 trades. While the first two hit stop-losses, I managed to take profit on the later setups. Still, this was too many trades in a single day, even though I didn\u2019t let emotions take over.<\/li>\n\n\n\n<li>Once, I entered a trade without proper pre-trade analysis.<\/li>\n\n\n\n<li>I closed two trades early out of fear while staring at the charts. One of these trades skyrocketed just a minute after I exited.<\/li>\n\n\n\n<li>I entered a trade during the New York afternoon session, a time when FX markets tend to have low volatility, making it harder to execute successfully.<br><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ae0000\" class=\"has-inline-color\">** This is a repeat mistake from Week 1.<\/mark><\/li>\n\n\n\n<li>I entered two trades at unfavorable levels - going long at a premium and short at a discount.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"week-3-\u76ee\u6a19\">Week 3 Goals:<\/h2>\n\n\n\n<p>Continue with 0.1% risk per trade and focus on gradually recovering the account to its starting balance of $25k.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Emphasize Trading Sessions: Only open charts during the NY AM session.<\/li>\n\n\n\n<li>Set a daily limit of 3 trades.<\/li>\n\n\n\n<li>Temporarily set the take profit (TP) to a Reward-Risk-Ratio of 1:1.<\/li>\n\n\n\n<li>Step away from the charts after entering a trade.<\/li>\n<\/ul>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>\u67e5\u770b\u4e0a\u661f\u671f\u7684\u56de\u9867\uff1aTFT Royal Pro 25k Phase 1 \u56de\u9867 \u2013 Week 1 Week 2 \u4e00 [&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-500","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\/500","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=500"}],"version-history":[{"count":3,"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/posts\/500\/revisions"}],"predecessor-version":[{"id":503,"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/posts\/500\/revisions\/503"}],"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=500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/categories?post=500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.egobusted.com\/en\/wp-json\/wp\/v2\/tags?post=500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}