DRC| June 03, 2025| $NVDA, $TSLA, $CRDO
GOAL: I am going to be Consistent.
Reminders:
Rely on the new tool to select and filter out the best patterns.
Dont Chase. I have been chasing. will adjust hotkey to prevent chasing.
Remember, stop, if daily stop -3R. Adjust plan, three strikes and I’m out.
New tool will help me with the higher timeframe bias determination.
Previous Day Health Check:
Sleep Quality: 83%, 5 h 58 m, Heart Rate Range: 57-80 bpm. improved vs night before.
Ate Healthy? yes, per diet plan.
Exercised Night Before? no, was tired from not sleeping adequately.
What I Learned/Improved upon Today:
Today, I learned that FOMO and wanting to get in right away is still an issue. I did not wait the 30 min before my entries, and did not wait for an appropiate entry point or setup. The consequence is that if i take like a breakout, the stop is too wide, and the 2R reward is out of reach later in the session and have to close at end of day….
What did I do well today?
I have standardized my post “Did I follow my trade plan questionnaire” to properly determine with consistent questions, if i am following my trade plan, i will be able to review in the coming days, where my mistakes are ocurring. If anyone has any recommendations, please feel free to comment.
Daily Trade Summary
Daily Results: 3 Trades, 3 tickers
Win Rate: 33 %
Gross R: -0.83 R
NET R: -1.09R
Avg: Winner net: 1.22R
Avg: Loser Net: —1.15R
Sharpe Ratio: 1.05/1
Daily Setup Analysis
Daily Mistake Analysis
Daily Trade Summary
Trade 1: NVDA
Mistake: Chased Entry, FOMO, did not run setup evaluator tool. Breakout trade not part of trade plan.
TRADE 2: CRDO
Mistake: pullback was no smooth overlapping candles.
TRADE 3: TSLA
Mistake: FOMO, Chased Entry, did not run setup evaluator tool. breakout trade not part of trade book, Trade Timeframe is not part of Trade plan ( Daily)
Did I Follow my Trading Plan? (21/31) 68% Grade.
Improved vs day before. I will use this trade questionnaire on a daily basis to track how well I will follow my plan and have a running log throughout June to maintain focus.
correction, i did not avoid the first 30 minutes. i have to remove a point ( 21/31) 68%
correction, i did not avoid the first 30 minutes. i have to doct a point ( 21/31) 68%
Trade Plan Evaluation Log for June 2025
June 02- (16/ 26) 61.5% Grade
June 03- ( 22/31 ) 68 % Grade. improved vs previous session.