Training Day 24

Kevlar, bullets & batteries checked and ready...
08:25 T-Minus 5...weapons live...head on swivel...eyes peeled...prepared to engage.

Trade #138
08:30 Long on valid setup. Win or lose, it's irrelevant. Record the trade, watch it, and learn...
T1 and T2 are the same.
08:36 No Joy. -10 ticks.
Record results, stabilize/regroup, and prepare for the next assault. Focus only on the task at hand.

Trade #139
08:43 Short on valid setup. Win or lose, it's irrelevant. Record the trade, watch it, and learn...
T1 and T2 are the same.
08:47 Objective achieved. +12 ticks.
Record results, stabilize/regroup, and prepare for the next assault. Focus only on the task at hand.

Trade #140
09:09 Long on valid setup. Win or lose, it's irrelevant. Record the trade, watch it, and learn...
09:15 No Joy. -10 ticks.
Record results, stabilize/regroup, and prepare for the next assault. Focus only on the task at hand.

Trade #141
09:31 Short on valid setup. Win or lose, it's irrelevant. Record the trade, watch it, and learn...
09:33 No Joy. -10 ticks.
Record results, stabilize/regroup, and prepare for the next assault. Focus only on the task at hand.
Stopped out to the tick before price moved back to my target.

Trade #142
09:42 Short on valid setup. Win or lose, it's irrelevant. Record the trade, watch it, and learn...
09:44 No Joy. -10 ticks.
Record results, stabilize/regroup, and prepare for the next assault. Focus only on the task at hand.
Price exceeded my stop by 1 tick before moving back to target.

Daily loss limit reached...again
Finished for the day.

AAR

• Objective: Follow mission plan with extreme prejudice.
• Outcome: I followed the plan today with no mistakes, but it was another short and losing day.
• Observations: My method was against the flow of the market on the first 3 trades. On the last 2, it was with the flow, but one trade was stopped out to the tick and one stop was only exceeded by one tick, with both moving right back down to their respective targets.
  
  Although it is a bit frustrating to be having such poor results lately, I have to keep in mind that this is an exercise in consistency. I've learned an enormous amount about myself during this process so far. I've begun developing a strong habit of consistency and trust in myself to follow my own rules.
  
  I also think this could quite possibly be the most valuable period during this exercise. This is the point when I would normally be looking for a "better way." My method is obviously struggling, but if I stick with it until at least trade #150, I think I may see the value in being consistent over the long term.
  
  Ultimately time will tell.