MCD Loss

Solid Loss 2/10

I’m tracking 10 losses where I followed the rules 100% with no second-guessing and no rule-breaking. The goal is to understand my own psychology under losses and gain confidence in the strategy during live execution. This is the first.

Wild Weekend

Over the weekend, the peace talks with Iran failed to deliver, then Trump announced he could blockade the Strait of Hormuz to prevent any traffic from moving through. The Forex market and equities futures dipped. Stocks dropped at open, my MCD position took a stop loss by 10 cents. SMCI on the other hand, did hit my exit target with RSI of 50. At the end of the day, the 50k Challenge was down $158.08.

The Setups

Both entries followed all of the strategy rules. One went to stop loss. The other went to the profit target according to the strategy.

The Account Lives Another Day

Losses are part of the process. Down 2 clean losses and one clean, but small win. I opened a long position on QCOM with all of the entry conditions met and the rules followed. It is still up at the market close and still rising in the after hours session. Hopefully it doesn’t gap down in the morning.

The 100K Challenge

I have 2 positions open on the 100k challenge as well. Both went into the red but did not hit stop loss. DG is showing signs of momentum toward profit. PG looked stalled today. We will see what tomorrow brings.

Keep on Going

The accounts are still young. They still have room with the drawdown limits and still have plenty of time to get funded.