Henry_L

June 2021 - I started bi weekly calls with Joel from profit.ly from 5/20. After several weeks of data researching, we've determined that I'm overtrading and obtaining too many paper cuts on my smaller trades versus my larger trades. I need to increase my win/loss percentage moving forward while maintaining by average gain/loss ratios. I'll be making adjustments in July accordingly given our new findings and looking forward to really increase my win/loss percentage to above 50 and perhaps even 60 percent which is the ultimate goal. June has been another scratch month for me, just losing out to commissions but not losing in terms of gains/losses via trades.

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Henry_L

May 2021 - Another green month, but just barely. Still continuing to struggle but according to all the mentors in the Tim Challenge, this is the 'normal' market cycle. 2020 was my first full trading year so I really had nothing to compare it to but 2020 was outside the norm. I'm grateful to be able to now experience a more realistic and practical market and not lose like many traders are. I started speaking with Joel from Tim Challenge with weekly calls as of May 20 to help me because I feel like I have plateaued and need some guidance on getting up on my next leg. He has been helpful with some very informative tasks and information. I'm eager to see what June will bring, but the last week of my May after speaking with Joel was superb in terms of my win/loss trading percentage as well as my revenge trading stats. I'd like to see my positive trend continue into June along with my weekly calls with Joel.

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Henry_L

April 2021 - I reduced the number of trades by about 40% which is a drastic change. This is a must because the market shifted and I was slow to react. The important thing is that I caught myself, I cut losses quickly so there was minimal pain, and now I've adjusted. Back to a green month here, but still was quite a struggle. Market is tough right now for me, not a lot of plays. I still need to be more selective I think. Even though I'm not losing in terms of trading gains, my positions are small and I'm getting chipped away with commissions. I need to trade even less to bring up my win percentage and be more selective.

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Henry_L

March 2021 - The market completely shifted this month - not just for me, but for a lot of traders. I think this is the first time I've experienced such a sudden shift in the markets and I didn't recognize it so I didn't slow down. I actually had more trades in March then I did in February, even though the market was slower in March. Big mistake but I recognized it by the end of the month and told myself I would need to slow it down big time and adjust to the changing market if I want to be successful. For what it's worth, this is my first losing month since February of 2020, and even with the major market shift, only lost about $200.

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Henry_L

February 2021 - Incredibly month with only 2 red days. I rewatched the OTC Multi Day Breakout chapter in Trading Tickers and I picked up a few things that didn't click for me before. It helped me significantly on breakout setups which I've been trying to work on. I continue to question myself if whether I'm really doing well and learning all the lessons or am I just lucky because of the market.

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Henry_L

January 2021 - Good start to the year. Trying to have smaller losses and letting my runners run more so I can increase my profit factor. I didn't try to size up at all and just stuck to my comfort level because of how I got burned back in October from sizing up. I think my goal will be to grind it out to $100k before I start sizing up. Jack suggested that to me but I guess it's human nature that I wanted to push it - and of course I got spanked for it. It's hard when I see so many traders making so much and I'm struggling to make a few bucks but I have to keep reminding myself that this is part of the process. My time will come.

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Henry_L

December 2020 - Finished the year strong with a vast improvement from the start of the year. Learned a lot of lessons, and experienced a lot. Looking forward to 2021 as I head into the second half of year 2 in my challenge journey.

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Henry_L

November 2020 - Took me several weeks to recover from that disaster on 10/8 by sizing back down and going back to my fundamentals. It was very frustrating as my mindset was off and difficult to shake off that hit. The need to make it back quickly was there but I was able to brush it off and just focus on one trade at a time and getting back into the win column.

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Henry_L

October 2020 - Worst month ever since starting in June 2019. Grew impatient from a not so great September and tried to make up for it by going bigger this month. As Tim teaches - when you get cocky, the market humbles you - and I got humbled on 10/8. Lost more on 10/8 than any trading month since I started. Experience is a great teacher and I won't let it happen again!

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