Allright... Broke my 3 green day streak today! At first I got up and look for something to destroy and finally did nothing physical, I just layed down on my bed for 2 minutes and breathing very deeply.
I will start by telling you guys wich rules I broke ( I hope you have some time in front of you because there's lots of them unfortunatly. :
1) Traded a 5cents Ticker #HRTX Wich is higher than 2c and one of my rule is to trade only when spread is 2cents max.
2) Risked and lost more than 40$ on a trade THREE TIMES
3) Did Overtrading by Chasing/Revenge Trading on MU all over
4) Trading Patternless shit just like the stock owe me something instead of putting my ego up my @$$
5) Traded even after hitting my daily Max Loss! , again on that 5c tick stock.... #DoubleFail
I would have ended my day with only a .5% loss but with that HUGE last trade out of emotion Finished my day down 2% So right now I'm break even on the week and if count tickets im Down
I uploaded a Screenshot of that last trade so you guyz can see how BAD its was trading out of Emotions 1) Chasing the Reversal and 2) Being FUCKING BLINDED by emotions not seeing that it was a bullflag and 3) Not getting out when a new 5 minutes high was made out of frustration. If only these triggers were inverted lol..
Now that I am done entering all my trades in my Journal, I feel WAYYYY better and almost happy that I had a Losing day and here is why :
- We learn WAY more on losing days that on winning days.
- Now I know where I made mistakes and all I have to do is correct them and NOT repeat them
- Proven me that often More is in reality Less! Quality over Quantity is Key!!! Profit wise and for commissions even tho I know commissions should not be in my mind
- I know if I would have not traded after my Daily Max Loss I'd still be up on the week
I also realised that entry is key be cause as you can see on the MU ORB15 screenshot, If only I would have waited for the pullback on the 1Min chart and entered where I've put a BlueStar, I would have catched a move almost twice as big as I did....
So NOW that I have clearly identified the problem, logic is that I find a solution to improve on those points right !?
So we have problems 1, 2, 3, 4, 5, listed on top so here is the solution for each one of them :
1) I will print my Trading Rules and stick it on the wall in front of me and Highlight each keywords of each rules
2) Same as #1 since I'm not allowed to Risk more than 20cents per trade
3) Today I'm writing down the Rules of the 3-4 Patterns I'm allowed to Trade wich are : ORB-15Min / VWAP Reversals / 9EMA Pullbacks / The VW9P
4) Same as #3, having Patterns in front of me will ehlp not trade out of ''feelings''
5) Man up and just STOP after max daily loss you pussy
Other than that,
*Meeting in Montreal Tuesday was really nice and even after like 2 hours being there I turn to Peter D. and asked : Am I dreaming or is he really sitting in front of me ? xD
Could not stop smiling during photo
*Currently on day #18 of the NOFAP Hardmode Challenge and Feeling really great overall
*Went from 153lbs to 163lbs on empty stomach so Bulking is going good
Its always good to have something else going on at the same time so when one is going less well than others we don't feel depressed
Okay enough said, thank you if you are still reading I really appreciate it and hope you guys doin great and improving everyday #BabyStepsTowardGoals
Have a great day everyone ♥