What did I do best this week and how I did I do it?
I followed my trading process and my hypos from the trade plan. I took only Grade A and B setups that fitted within my hypo and my mini plans.
This was helped by focusing on the R potential of each possible trade, which helped focus my mind on the better trades, as some trades I skipped, were good setups in all aspects expect the potential RR.
What did I do badly this week and what lead me to do it?
I was not very well on Thursday afternoon and Friday. I would not say I was ill as that is being over dramatic, but let’s just say, I was very under the weather. So I did not trade for these sessions and used the time to clean up the charts and update my stats and do some research.
Too many consecutive 14 hrs days, along with doing 8 hour days at the weekends, no exercise, not sleeping well and not eating. From Monday to Thursday, I had a plate of chips, 4 slices of toast, a chicken sandwich and a bag of mints. This is not what I had every day, that was the total food consumption for the 4 days. The previous 4 weeks have followed a very similar pattern.
Why did I neglect this work / life balance?
This is an old habit resurfacing, of trying to brute force my way to success.
It has happened before, I start to see better and better results in my processes, and part of mind goes, this is working, so fuck it, more of this can only be good, and I ramp up the intensity and my progress starts to slow, so I ramp it up more until something breaks.
The good news, from lessons learnt when it has happened in the past, that this is normally just when I am close to making a step up in my performance. I have also have learnt from past experience, that whether I actually make that step up, is 100% dependent on how I manage my behaviour from this point of onwards.
I can carry on pushing on so hard that I actually start going backwards in my progress and then do something stupid that sets me back months and miss the set up, or I can slack off so much that I lose the momentum and do not make the step up.
What am I going to do?
I am going to limit my working hours for each day, during the week to 10 hours, max 12 hrs.
I am going to limit my working hours for each day at the weekend to 4 hours max 5 hrs.
I am going to eat at 2 meals a day.
I am going to restart my exercise programme.
I am going to start doing my prep for the sailing season.
I am going to allow myself to actually go out and have a few beers now and again. Be slightly more social.
And the most importantly, I am going to spend a bit of the time at the weekend with the missus, rather sitting at my computer working from 1100 to 1900 every Sat and Sun.
On the trading side, I am focusing on the following
Implementing my processes during the trading day
Doing the end of day reviews and it is okay to miss one or two without feeling guilty
At the weekend,
End of week review
2 Hours of deliberate practice on Sunday
Weekly Trading Prep.
It time to really focus on the core aspects that will help me make that step up.
I am finishing this post and the one on Why we should do our own stats, and then I am fucking off, going to go to a BBQ with the wife and drink some cider.
Have a good weekend.