Trading Strategy & Risk Management - The trader aims to capitalize on developing trends, identifying weaknesses and reversals at critical junctures, focusing on fair value gaps [8][9] - Aims to lock in profits by taking off 50% of the position when it doubles the initial risk, balancing potential upside with equity curve management [10] - Increased dollar amount risk up to $1,000 per trade [4] - The trader acknowledges the inevitability of losses and emphasizes the importance of keeping risk contained [13] - The trader sets a rule to terminate the trading session after three consecutive losses to manage risk [20] Market Analysis & Instruments - The trader primarily focuses on day trading cryptocurrencies, with a macro view of Bitcoin to understand the overall market index [6] - Actively monitors a watchlist including Solana, Ethereum, and Adam for potential trade opportunities [11] - Utilizes TradingView for charting and analysis, an exchange for trade execution, and Notion for trade logging and data tracking [4][5] Trading Session Performance - The trading session resulted in a net loss of $2,400, representing approximately 24% of the risk factors, with a low win rate of 14% [55] - Experienced multiple losses throughout the day, highlighting the challenges of maintaining emotional control and avoiding revenge trading [33][34] - Despite facing losses, the trader emphasizes the importance of sticking to the trading process and trusting that profitable setups will eventually emerge [40] - The trader transparently shares both winning and losing trades to provide a realistic view of the trading experience [23][56]