Under construction 9/12/2018
I'm considering implementing a grading system to classify the type of trading day it was, relative to my trading results. The grades would be assigned at the close of each trading session and included in the Daily Summaries...Perhaps I'll include these grades in the end of month summary statistics as well. Might help show what can be expected over the long term...
A DAY - signifies excellent results, solid gain for the day
......my entry order timing was spot on (only 1 or 2 ticks draw-down after entry)
......my target bracket was hit for gains (or I was able to increase it)
B DAY - Above average results , good gain for the day
......my target bracket was often hit or trades were closed with good gains
......my full stop-loss bracket was hit only a few times (or I was able to raise it)
C DAY - Average results, break even, small gain or small loss for the day
...... indicating choppy P/A and lack of follow through on the positive runs
...... large number of stop-outs and/or break even trades
D DAY - poor trading results but limited damage to equity
.......indicating price action was unresponsive to signals or few good signals were generated
......indicating my "feel" for today's market action was off
F DAY - just plain bad results
.......mistakes were made and amplified by coulda-shoulda-woulda thinking