I feel like I am refocused and have regained some confidence that was shaken after having a rough time last week due to some overtrading, and going too big on new setups. I'm now up about $28k from my low point ten weeks ago. That's a 350% increase on my account from its lows and 53% growth from my starting account size over the nine months I've been trading. Very soon I should be up overall as much as I was down at my low point. I'm in a couple swing trades now that look very good and might get me to that point on Monday.
Here is my profit chart as of today:
I sized down recently due to taking more losses than I'm used to, and am ready to get back to using full size positions on optimal setups. I also got more information to confirm the way I am sizing my positions is optimal for growing my account while minimizing risk. I still plan on writing a blog post detailing my position sizing strategy, but am not quite ready to do that yet.
Something else I want to touch on is I am hearing from a lot of people who are trying to emulate my strategy. While that may work, I don't think that is the way to find yourself as a trader or grow your skills. We all have different personalities, levels of experience, risk tolerance and ideas of what constitutes a good trade. Just because swing trading multi day breakouts is a huge strength of mine, that doesn't mean it is the best setup for you. I really think everyone needs to do their own experimentation to find what setups work best for your personality and what setups you are most successful with. And then focus on those setups, whatever they may be.