Fridays Were Weighing Down My P&L—Here’s What I Discovered
After reviewing my trading journal, I noticed a troubling trend: Fridays were consistently my worst trading days.
In fact, 90% of my trades on Fridays ended up being losers.
What was the cause? I often found myself either trying to force a big win to close the week on a high note or scrambling to recover losses from earlier in the week. In either case, I was letting my emotions dictate my trades instead of sticking to my established strategies.
Recognizing this pattern prompted me to establish a new rule: if I’m not fully focused by Friday, I don’t trade at all. Some Fridays, I choose to sit out completely, while on others, I reduce my position sizes and only go for my top setups.
This simple change has made a significant difference.
Have you ever noticed particular days when you seem to be off your game?
I use TradeZella to journal and analyze my trades.
One response
It’s great that you took the time to analyze your trading patterns and made a significant change based on your findings! Emotional trading can definitely skew results, and recognizing that Fridays were particularly challenging for you is a crucial step in improving your strategy.
I’ve experienced something similar with specific days of the week where my mindset or market conditions just don’t align. For me, it tends to be Mondays—maybe it’s the transition from weekend mindset to trading mode, or just a lack of clarity coming off the weekend. Like you, I’m trying to implement rules around trading on those days.
It’s interesting how much our emotions can play into our decision-making and affect our P&L. Setting clear rules and being selective about when to trade is such a smart move. I’d love to hear more about how you adjust your strategies on those quieter Fridays when you do decide to trade!
And thanks for mentioning TradeZella! I’ve been looking for a good journaling tool, and it sounds like it’s working well for you. Keep up the good work!