Paper Trading Week 1 – Review and Preparation

Hello fellow traders,

It’s Sunday, a perfect day to reflect on last week’s trading activities and gear up for the upcoming week. Reviewing my trades from the past week, I carefully analyzed what went well and where improvements can be made. This reflective practice is crucial for identifying patterns, refining strategies, and ensuring continuous learning.

Day 1 Summary:

On Day 1, I managed a quick in-and-out trade in Gold, resulting in a modest gain of 0.10%. The market was slow, but the disciplined approach paid off.

Day 2 Summary:

Day 2 was marked by two losing trades, bringing my performance to -1.49%. It was a challenging day, but it underscored the importance of adhering to my trading rules and limits.

Day 3 Summary:

Day 3, I reconnected with my mentor and revisited some older trading systems. The day was more about re-establishing my foundation and preparing for active trading.

As I get ready for tomorrow and the rest of the trading week, my focus is on fine-tuning my approach and setting clear objectives. Preparation is key, and I’m excited to apply the insights gained from last week’s review.

#1%aday!

Happy trading! The Idiot Trader