Trader_Miles

FTMO #5 Trade November 13th 2023 Loss

Kort
OANDA:EURUSD   Euro / USA-dollar
Daily Report Card
1.Nov 13th 2023
A. Overall I feel pretty Neutral
B. I took a ac.5 short trade for a valid loss and a C.1 loss too
C. The 3rd Trade was a loss as well. All Valid but I could have waiting for more confluences or long bias only due to the strong orderblocks for todays session being a demand zone

Goal: Insert my daily sole focus that I will consciously work on
A. I am going to follow my trade plan perfectly.
B . Trade 1 was valid and this trade for C.1 Long for a Higher Time demand is valid too,
C. I could have waiting for the Strong LQ to taken and than placed the trade for a more optimum entry.
D. I have Hit my max loss for the session ... I am going to reduce risk to 0.01% and just trade and track for fun now.
Reminder or Aphorisms for Myself
-Be Selective, Only Trades worth writing up I will trade
....... Risk Management is the most important aspect of my trading .....See the set-ups than take them regardless .... learn from the mistake and grow
-Don't waste my time on trades are lower probability
-Gameplan Halts - Max 3 losses for the day session
-Pre-session Analysis- Everything was done quickly but longs are in play today
A. In a 1 Day demand Zone and 1 hour zone but have space to the strong low for quick shorts

Temp (How I feel)
1. C Minus due the first loss.. losses dont matter right now... I am Working on trade write-ups and tracking. Process over outcome
2. 0.25% Risk - 1 Lot for this trade
3. In My Favor - Tons of space to strong 1h low for a short and longs have the edge for todays session.
4. Comments

0630- 0700
1. Grade - C +
2. Sizing for Session - 0.25 risk- took a short trade with 1 lot
3. In My Favor- In a strong 1 hour demand zone and price is showing a balance between both side of the market right now - 0623--- what side will take the lead?
4. Comments
- MAX 3 losses and I feel pretty okay with it ..

What I learned ?
- I will wait for only longs when in a HTF Demand zone

What I improved on today?
On edgewonk I will streamline my confluences to the basic and than build off that. The foundation is the most important way to stay in the game.

- I Could get 10 followers and start live stream on my losses and gains

Changes Needed from today?
- Also track the bearish and bullish levels on The HTFs
Keep grinding .... I only fail if I quit

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