Very destructive day today. Backed all the wrong horses. Traded with greed.
GREED GIVES LOSSES.
How do I reset? I need to go smaller, more slowly. Probabaly, don't trade Fridays... the very fact that I have trouble stopping myself from Friday trading shows an undisciplined trait.
Shaving some money off my account into the reserves to help me stick to smaller trading.
Over the weekend I need to regroup. I need to watch replays of Meir's trading videos to realign my trading form. I need to NOT watch all the other shtuyot.
I need to trade with the clockwork attitude and not with whatever shigayon I've been employing.
I am not smarter than the market
I am not smarter than the market
Clockwork makes me money
Small size
Pay myself first
Tight stop is the right stop.
FAST OPTIONS TRADING. Fast in/out. Apply trading rules like CLOCKWORK. Have a day. Sleep at night. This is my personal trading journal*.
Popular Posts
-
(see also previous post, use the brain ) Saga of the lizard brain trader (long term account edition). Morning update on today's freakout...
-
Two green trades today. On LI, I waited and it went well. On MU I jumped too soon, waited with bag in hand, still did ok. I do like how I e...
-
Losing day today, to end my streak of 14 consecutive winning days. I traded like clockwork. I like all my picks. I like how I managed them... -
Daily setup: Gap up, sector strong on chip news. Entry/play: Strong open then pb to good support, trying to bounce. Wrestling with 45 area ...
