Yes. Although I'm not very frustrated yet. I know what my mistakes were today and will do my best to correct them tomorrow. When I get frustrated is when I string 3 or more of these kinds of bad days together in a row.
First trade: there is no reason for me to close the trade as early as I did. None.
Second trade: Improper execution from the first trade snowballed into impatient execution on the second trade. I placed my trade too early before the trend line clearly developed and I paid the price.
Third trade: It the type of trade that is tough for me to get away from and I'll consider this an acceptable loss.
Fourth trade: I'm not a big advocate of moving stops but I did on this trade and came away with BE before the trade proceeded to my target.
Fifth trade: The only well executed trade of the day.
When I execute 4 of 5 trades poorly and walk away down only 94 bucks.... in some sense I can call that a win.
Frustrating day, being so right and at the same time being wrong.
ReplyDeleteYes. Although I'm not very frustrated yet. I know what my mistakes were today and will do my best to correct them tomorrow. When I get frustrated is when I string 3 or more of these kinds of bad days together in a row.
ReplyDeleteFirst trade: there is no reason for me to close the trade as early as I did. None.
Second trade: Improper execution from the first trade snowballed into impatient execution on the second trade. I placed my trade too early before the trend line clearly developed and I paid the price.
Third trade: It the type of trade that is tough for me to get away from and I'll consider this an acceptable loss.
Fourth trade: I'm not a big advocate of moving stops but I did on this trade and came away with BE before the trade proceeded to my target.
Fifth trade: The only well executed trade of the day.
When I execute 4 of 5 trades poorly and walk away down only 94 bucks.... in some sense I can call that a win.