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Finally got around to journalising my trades.
Each trade was assessed regardless of green or red. You start to see the patterns in your losers and winners. As well as the opportunities for improvement.
My biggest losers were impulse trades.... /1
Each trade was assessed regardless of green or red. You start to see the patterns in your losers and winners. As well as the opportunities for improvement.
My biggest losers were impulse trades.... /1
My trading system was blatantly saying stay away. But I thought selling pressure was overdone and price would shoot back like a stretched elastic. It didn't.
Thankfully losses weren't too hectic.
/2
Thankfully losses weren't too hectic.
/2
Biggest overall problem- not defining exit points. Lots of my losers should have been winners, if the exits were clearly defined. Most of my winners should have been bigger.
The journey has been tough mentally. Requires patience and objective decision making. /3
The journey has been tough mentally. Requires patience and objective decision making. /3
Which leads into the next lesson.
Mind. Body. Spirit. Take care of yourself.
Most bad decisions happen when you're not in a good space. Sleep. Drink water. Avoid sugar. Exercise. Pray. Forgive. Etc.
/End
Mind. Body. Spirit. Take care of yourself.
Most bad decisions happen when you're not in a good space. Sleep. Drink water. Avoid sugar. Exercise. Pray. Forgive. Etc.
/End
