Reflection (Daily)

Analysis +++

1. Chasing isn't ideal but when I chased as my limit order wasn't filled, it was the right setup, so it led to significant wins.

2. Clean charts, front side, buying during supernova (micropullback)

3. Front side plays made 10x more.

4. "Cut losses quickly / P:L Ratio = 8:1

 

Analysis ---

1. Speculation + Buying into a weaker candles + Buying when the spread is huge were the top 3 themes leading to losses.

2.  When I buy MACD was closing / Zero line crossover, I lost more often."

3. Too many losses == overtrading wrong setups = Only 30 % win rate. Shitty

 

Next week:

Focus on the right setup

- Morning Breakout (9:30 to 11:59AM)

- Pullback during supernova / breakout

- Front side (Ramping / Supernova)

- MACD open / Above 0 

- Above VWAP

- Above 200 EMA