Daily setup: no freaking setup
Entry/play: opening bar surged. I bought next bar new high. *this is not an appropriate technique for nms
Management: P/l target should have been what turned out to be high of day, but I got greedy and had my order 5 cents above. so I didn't fill. Then I stopped, painfully. Then I didn't stop ndl. Then I added. Then I didn't stop sensibly....then I took it home. Bottom line: no f*ing management to speak of
Psychology: Horrible. I'm riding on only luck, and so far I have a HUGE dent in my account. Literally praying for this to gap >200 and run tomorrow.
Popular Posts
-
I follow and admire the trader Mark Melnick. His Newsbeat trading room (of which I am intermittently a member) and his YouTube Newsbeat vide...
-
Sometimes I get feedback that this trading journal is very harsh. I guess it is. Especially when I get out of the habit of journalling eve...
-
No surprise that when I trade on a day with zero great setups that I get hacked up (at best!). I'm lucky I didn't get totally smack...
-
Market inside open after a really strong day Friday. I need to get back into the routine of annotating, logging, journaling. WYNN gapping in...