I learned an interesting lesson though. I had been toodling along with my 11 day win streak until I got so over-confident that I increased my size Wednesday. Have I not learned this before? This is the actual opposite of clockwork trading.
When I'm in too big, I trade scared and lose money. Fact.
So I got back to humble clockwork trading and ... with the help of idk what's going on with this crazy strong market, and of course the help of shemayim ... I made a comeback for a green week.
Why do I ever stray from clockwork trading?
Never stray from clockwork trading!
No time for all the charts today, but I do want to highlight one in particular. I sometimes get clunked like this... CCIV traded to my pltgt. Someone's put filled there, but not mine, and then hard reversal. I held bc ego! and went out for a loss. Why couldn't I just lower my target by 1% and go ahead and get filled. For the matter of a few dollars to "my target" (arrogance), I took a hard loss instead of what might have been net breakeven or better.
Next week, off. (maybe Friday)
