Monday, August 19, 2019

Aug 19 reflections

The very best thing I did today was review my "lekachim" list of strategic trading reminders. It helped me focus on proper trading technique. In particular today:

  • WAIT for a pivot. stop against the pivot.
  • As it pivots, identify my stop. THEN identify the entry
  • Trade the ONE MINUTE TREND

I managed both my trades right, but I'm mad to have a loser. This is my "worst" kind of loser: one that never moves in my favor. I was wrong from the get-go. I find it much easier to take trailed stops in my direction, even if the gain is tiny.

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