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.
Popular Posts
-
Since ath April 7, I've had a string of losses. I reverted to old bad habits to try to dig out of the hole, of course making it worse. ...
-
I like how I traded today. Hit and run, +11% and done before 9:50. This is literally my motto: Fast in/out. Apply trading rules like clock...
-
Daily setup : none, really Entry/play : 1 min move above nice day low pivot Management : trailed stop... but not enough. coulda shoulda ta...
-
It's been a tough week. Monday holiday. Tuesday huuuuge loss day. Wednesday and today chop for miniscule gains. Tomorrow I'll need t...