Dunning Kruger Journal
- Thread starter maximumpossiblesuffering
- Start date
Hey, I'm a Trump supporter. You should know to not to take me too literally! Will correct post. By the way, if this trade went against me, I likely would have gotten out befor new high of day. This was a high conviction trade and I'm allowed double risk. I will track my performance of my high conviction trades.
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Expecting a choppy, range bound day in equities and other instruments over Trump and European trade negotiations. Will be following YM / RTY spread as indicator for how trade negotiations are going. If I have any trades today, it will likely be fading larger moves.
Attached below is my account performance summary so far. I will post my monthly consolidated results at the end of each month.
MPS, I thought that you were going to trade vola? I see that you're risk-averse, but let's say that these trades are marginal in edge w.r.t. Kelly--you are trading tiny size, save for the one lot in YM futures, which would be something like 4x Kelly.
TL;DR: I don't get the allocation at all.
TL;DR: I don't get the allocation at all.
Fair enough, neither do I!
I'm going to do a weekly trading performance evaluation on myself. This week's evaluation is going to be brutal. I will list the trading mistakes that I know about along with a list of proposed adjustments. Mark Brown was right when he said I'm trying to do too many things at once. I will adjust my trading plan to eliminate my reversion to mean scalps because it interferes with my thinking concerning the bulk of my trades. There will be other changes as well.
I need to address discipline issues. I have entered some trades without an known edge or even against expectations. I have repeated mistakes.
I am trading on a clunky interface and have too many trading distractions right now. This has caused me to miss several opportunities that my trading plan looks for. Although I have accepted trading under these conditions, I will be making appropiate adjustments soon.
I will also start incorporating butterfly spreads that expire end of week. I like the potential RR and am working on statistical considerations. Many adjustments will be made to my trading plan and I will go over them this weekend.
What’s your fav retail platform?
You can get Silexx OEMS through TradingBlock.
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