Paper Trading Day 5 – Recalibrating

Hello fellow traders,

Today, I was able to secure four long trades late in the New York session, gaining just shy of 0.92%. I’m currently focused solely on trading the DAX, as mentioned in my first blog. This month is dedicated to relearning everything about my methods and getting comfortable with my emotions again before I transition back to live trading.

While paper trading and live trading evoke different emotions, it’s crucial to master the methods and ensure they align with today’s market behavior. By sticking to this plan, I aim to build a solid foundation for consistent success.

Happy trading! The Idiot Trader