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Trading

first loser of august - streak ended at 11
perfect streak ended. 11 straight winners in august. hit my first loser monday. monday 8/14 trade # SPX put spread
august week 2 - beat monthly goal already
august week 2 done. beat monthly goal 2 weeks early. week 2 trades # monday 8/7: +$385 (GLD put spread) tuesday 8/8: +$340 (TLT call spread) wednesday 8/9: +$405 (SPX put spread) thursday 8/10: +$295 (IWM call spread) friday 8/11: +$380 (QQQ put spread) saturday 8/12: no trades (personal day with A.)
august week 1 - new rules working
first week of august done. testing new filters. working well. week 1 trades # tuesday 8/1: +$745 (2 trades) wednesday 8/2: +$405 (1 trade) thursday 8/3: +$280 (1 trade) friday 8/4: +$340 (1 trade) saturday 8/5: +$295 (1 trade, crypto)
august day 1 - solid start
first trading day of august. short week (monday was holiday). started strong. tuesday 8/1 trades # morning: SPX put spread +$405
july wrap - best month yet, crushed the goal
july done. best trading month yet. final numbers # goal: +$3,500 actual: +$6,120 beat goal by: +$2,620 (75% over target)
A. watched me trade - she gets it now
A. came over monday morning. sat on couch behind my desk for 2 hours. watched me trade. how it went # 9:00am: she showed up with coffee for both of us.
july week 3 - hitting stride
july week 3 done. consistent profitable trades. hitting goal this month. week 3 trades # monday 7/17: +$385 (SPX put spread, -150% stops working)
july week 2 - back in green after monday red day
july week 2 done. recovered from monday red day. week 2 trades # monday 7/10: -$544 (3 trades, 1 win, 2 losses)
testing tighter stops - early results mixed
started testing tighter stop losses today. goal: reduce avg loss from $660 to $600. early results: mixed. the change # old stops: -150% of credit received
analyzing profit factor - why 2.1 isn't good enough
been tracking profit factor for 2 months. current: 2.1 sounds good. but it’s not good enough. what is profit factor # profit factor = gross wins / gross losses