I have been looking things over just to see how I’m doing. I see my big problem is with my batting average currently sitting at 31% is the meat of the situation. This is what I need to focus on. Just so this doesn’t end up as a beating stick for myself I would like to pat myself on the back because I am running a 1.6 Profit Factor (Avg Gain/Avg Loss). This tells me that I’m doing a good job of controlling my risk and making good trade management decision. I’m only down about 2R in my overall accountThe problem is that I’m out of touch with the overall market. This is where I need to focus. One rule that I am planning on implementing right after the fed meeting is to focus in on Long Day Trades only if the market is above yesterdays close, and opposite for shorts. I need to find a good rule to help drive my focus on this issue.
