Sorry for the delay, needed some time to work on myself.
Ok, after some self-actualisation and soul-searching , I wrote a trade system and a trade plan that I want to post for others to use or help me make improvements, whichever works. This trade system is not finalised yet, but if it helps someone get new ideas for their trade system, that’ll be great. I couldn’t upload the whole document, so I’ll just show step-by-step guide with my visual aid for decision making.
step visual aid.docx (383.7 KB)
Btw the profit target is not updated, but whatever you get the point.
I did end up losing more, however, all was not lost as I gained valuable experience to actually see which trade strategies would make sense or not. I also deposited an extra $320 on top.
As you described earlier about economic events, unfortunately, I came to the same conclusion and you do get mixed results trying to trade them. But the attempt was not futile but was helpful for me to recognize a lot of things about trading. For my swing trading decisions, I completely ignore economic events, however, with my day trading, I do not.