I decided not to trade in the real account today to I achieved the goal of a green month. Closing the month up +$330, growing the live account about 20%. Definitely would have liked for it to be more but that’s a major improvement over last month where I lost over $2000! So, I am definitely not complaining. I improved greatly over the summer.
On another note, I did trade in the Topstep Combine account. Unfortunately, I picked the wrong day and time to trade with extreme aggression in that account, taking a huge step backwards before having to exercise my three strikes rule. I made a couple of mistakes, so I’m more to blame than the market even though it definitely wasn’t the easiest market to trade.
Check today’s COB Recap video as I review the trades for today and my performance for the month.
So, I ended up missing the strong bull move out the gate. The 5 min wick threw me off, showing indecision and I decided to wait for some pullback that I never got. After watching the paint dry for a while, strategy showed an entry that I took for a small scalp. Could have held it longer but by the design of my strategy, would have only gained an extra $5 so no big deal getting out when I did. Somewhat of a frustrating day, but better than losing money.
See the details of my day in today’s COB Recap video below. Enjoy!
I did more paper trading in Sierra Chart today due to not expecting much strength leading up to 14:00 Fed events. Ended up crushing it, taking $530 before 11:10 ET. Good practice. No live trades taken yet, planning to trade the 14:00 time depending on how the market responds to the news.
Took a few trades in the Topstep Combine account and ended up scalping my way to a small green day. Over-managed the last play before deciding to make that my last play, climbing my way back to green for the day.
Check out the recap video below for details of how those trades unfolded.