43rd Trading Week (23rd – 27th of October, 2023 trade journal)

My reason for sharing my trade journal is to encourage traders to also keep one for two major reasons:

1. Track weekly trading performance.
2. Build a better psychology, which will sharpen your trading intuition

Both can only be done when you keep a comprehensive journal, and review it every week.

MONDAY 23/10/2023

GBP/CHF Update (8 pm)

Analysis: I manually closed my GBP/CHF trade from last week with a -102 pips loss. Upon analysis, I observed that there was no turning back for this trade, so I closed it. I am happy I did because, my SL would have been hit

In conclusion:

I did not place a single trade all through the week for 2 major reasons:

1. Almost all the setups under my radar were half baked

2. The few good setups were high-risk trades because we had high-impact news all through the week, so I could not engage

So, I closed the week with a loss (from last week’s pending trade)

How did your trading week go?

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