Friday, March 12, 2021

How to calm down my trading

Today what I needed was a day to calm down. The past several weeks everything clicked and I definitely got over-confident. I was trading too big. Going for extended targets. While being "too smart," I got chopped and burned.

Today I stuck with trading small. I removed a lot of cash from my account. I took small-ish positions. I stopped trading after the opening moves. Peace!

While doing charts, I see that my 2 losing trades today were both on TSLA, which was not my setup. 

LESSON 1: I am not smarter than the market. Don't trade nms. 🔨🔨
LESSON 2: Because I had small size, I was able to hold through volatility and get my targets.





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