I am checking in early in Q2 because something noteworthy has happened. After I had my best month this year in April making +30,34 %, I lost in May. In the end I lost only -3,7 %, BUT my max DD was -30,43 % during the month.
The -30,43 % resulted from me panicking after taking 3 full stop outs after scaling up my account, and not following my strategy to make it back quickly, how stupid the human brain can be right?
This showed me that my risk per trade was to high and I scaled down my position size - a lot. As compensation - and after a lot of reasearch - I have changed my stop loss management and profit taking approach so that I catch almost every runner that happens in the market. Worked great last week. I made 400 points.
I will update you at the end of Q2. Here is my performance this year:
