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first week february - choppy conditions, tighter risk

first week february done.

choppy as expected.

tighter risk working.

week 1 february trades (feb 1-2, 5-7)
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thursday 2/1: 2 trades, 1 win. +$480

friday 2/2: 3 trades, 2 wins. +$920

monday 2/5: 3 trades, 2 wins. +$740

tuesday 2/6: 2 trades, 1 win. +$380

wednesday 2/7: 3 trades, 2 wins. +$860

week total: +$3,380

account status
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jan 31: $393,400

feb 7: $396,780

cleared sept peak ($395,680).

full recovery complete.

win rate check
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week 1 feb: 13 trades, 8 wins (62%)

below 70% threshold.

expected with choppy conditions.

risk adjustment working:

reduced from 0.5% to 0.4% per trade.

smaller wins but also smaller losses.

protecting capital.

strategy breakdown
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mean reversion (9 trades):

  • 6 wins, 3 losses (67%)
  • net: +$2,340
  • still primary but struggling

momentum (4 trades):

  • 2 wins, 2 losses (50%)
  • net: +$1,040
  • breakeven zone

market not cooperating.

comparing to january peak
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january best week: +$7,300, 76% win rate

february week 1: +$3,380, 62% win rate

performance cut in half.

reasons:

  • VIX up (16 → 18)
  • volume choppy
  • setups lower quality
  • risk reduced to 0.4%

expected variance.

not panicking.

circuit breaker almost triggered
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monday 2/5:

3 trades scheduled.

first trade: loss.

second trade: loss.

3-loss circuit breaker armed.

third trade: win.

circuit breaker disarmed.

came close.

system working as designed.

recovery milestone achieved
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sept peak (before disaster): $395,680

sept end (after disaster): $367,680

today: $396,780

$1,100 above sept peak.

took 5 months from disaster to recovery:

  • sept: disaster (-$28k)
  • oct: survival
  • nov: recovery start (+$23k)
  • dec: grief survival (+$3.6k)
  • jan: growth (+$27k)
  • feb week 1: milestone (+$3.4k)

full circle.

what’s different from september
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september 2023 (at peak):

  • overconfident
  • ignored warning signs
  • relationship unstable
  • grief suppressed

february 2024 (at recovery):

  • cautious
  • respecting market conditions
  • relationship stable
  • grief processed

same account level.

different foundation.

therapy tuesday (2/6)
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dr. r: “you crossed sept peak. full recovery. how does it feel?”

me: “good but waiting for collapse.”

dr. r: “still trauma response?”

me: “yeah. feels like jinx.”

dr. r: “what’s the evidence? data says what?”

me: “market choppy. win rate 62%. conditions shifting.”

dr. r: “and you’re responding how?”

me: “reduced risk. stricter filters. protecting capital.”

dr. r: “that’s data-driven caution. not trauma.”

me: “feels like waiting for disaster though.”

dr. r: “feeling vs action. you feel cautious but act systematically. that’s healthy.”

distinction matters.

risk management validation
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position sizing reduction:

january: 0.5% risk per trade

february: 0.4% risk per trade

impact:

smaller gains: week 1 gains down 54% from jan avg

smaller losses: max loss $320 (was $450 in jan)

protecting downside.

living with A. - routine adjusted
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morning routine same:

4am wake.

6:30-10am trade.

10am breakfast.

evening adjusted:

A. started new project at work.

getting home later (8pm instead of 7pm).

dinner pushed to 8:30pm.

still works.

flexibility > rigidity.

market conditions deteriorating
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signals:

VIX: 18 (was 13-15 in jan)

volume: erratic spikes and drops

setups: quality declining

correlation: everything moving together

not crash signals.

but choppier environment.

strategy:

maintain 0.4% risk through february.

heavily favor mean reversion.

pass momentum unless A+ setup.

target: +$3-5k per week (conservative).

strategy consideration
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mean reversion struggling:

january: 81% win rate

february week 1: 67% win rate

market regime shift.

mean reversion works best in stable/ranging markets.

current: whipsaw conditions.

option 1: ride it out, market will stabilize

option 2: reduce mean reversion, add different strategy

decision: ride it out for 2 more weeks.

if win rate stays <65%, adjust.

looking ahead
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week 2 feb (feb 8-14):

valentine’s day wednesday.

A. expects something.

planning date night.

trading:

continue 0.4% risk.

strict filters.

target +$3-5k week.

monthly projection:

if maintains $3.5k/week avg: +$14-17k month.

way below january (+$27k).

but sustainable in choppy market.

tonight
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first week february.

+$3,380.

62% win rate.

cleared sept peak.

full recovery complete.

market conditions changed.

adapting based on this.

this is the process.


3:18am thursday. first week february. +$3,380. 62% win rate. cleared sept peak at $396,780. full recovery from september disaster complete (5 months). market choppy, reduced risk to 0.4%, tighter filters. performance cut in half from january but protecting capital.

-AK

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