$SPX Trade on Apr 9, 2021 09:45 from Marius: Tradervue User Stock Trades.

Trade/Risk Management & Review

Trade executed poorly as the position needs to trade the way it was designed and back tested. The position needs to be held through intraday and to be left until EOD expiry. I interrupted the trade and exited as a scalp due to my discretionary analysis. This has not been the best process as of recent related trades. The underperformance is represented with the current data.

Grading as an overall C and reiterating that there are factors designed with the model that are not visible to me. Essentially this is not like cruise control with hands on the wheel. It is autopilot and fully systematic and no need to adjust the trade after it is entered.

Noting that I was not in a favorable state and execution was handled remotely. I was not fully attentive due to a recent event and other combined variables. I also incurred another error in a discretionary trade right after. I gave back 24% of my profits for the week on preventable errors on that other trade.

More notably I underperformed this systematic trade by only capturing 12.5% of the total profits on the model trade. Still profitable by a 76% margin for the week but there are things to be worked on. At a larger scale this is significant and thankfully a smaller lesson payed today.

(note : review/playbook hybrid format not used in this trade and will be continuing to do so to prevent discretionary analysis conflict to the specific systematic trade. Will be discontinuing the "Hybrid Systematic / Discretionary Trade" and continuing to utilize the "Mobile Remote Trade")