Hello @Constadino, I am glad you ask. I have a small account, I haven’t made much but recently I added more into the account and plan to add more. The next few months will be fun. As I go through this Journey, I plan to share.The last 6 months, I finally feel I am getting Consistency.
The reason why I post percentage, it’s because I want to treat my account value as a 7 figure account. Would I still take the same trade if I had a bigger account? What Daily and weekly actions must I do if my account size was that big? This is a business not something I just do it when I feel like it.
I would never do a Weekly Review ( super important), Daily watchlist, Excel (for all my trades), Monthly Reviews and More. Documenting all my trades, if you seen the ever note i posted "on Weekly Watchlist: 7/07/19.
From When I started this thread, my plan has changed well evolved as I got better with technical and psychology. In the past, every time I would hit a roadblock in Trading my response “was stop trading” it’s basically like running away then find something New to chase or Another Course.It would happen off and on in the course of 3 years started back in 2014.Then around Sept 2017. I decided to Commit that every time i hit another roadblock I would find out why? And What I had to learn or wasn’t exactly understanding. Trading has made me feel stupid, which today I kinda of laugh because the market is random.
If I can’t trade small account the same way As a big account then I would just have blown it. I built a strong foundation as I though having a bigger account. Yes, sounds weird but I would take the same trades if it was a bigger account.
If you look at my “Weekly Review 12/17/17 - 12/22/17” Post where I talk word “hurt” as I describe the market. This was one of the Major for me. Overtime, A lot has changed.
My Main goal was follow the strategy keep risk at 1% of whatever account value you have The end result is consistency the by product is profitability. .