This is the other side of trading when I have made an obvious mistake - staying in the trades would have worked out just fine. All my targets were hit - and of course that is hindsight and it is better too not make the mistake in the first place. I have to learn to do what I say I am going to do. Plan my trades before taking them. The one thing I am really happy about is that I maintained my money management discipline. That is worthy of an atta boy in my book. All said - I only lost 1% of my account, I can live with that. Why does that 1% look like such a big number? Because I was lucky and I know it could just as easily have been 2% -5%.
Tommorrow is a new day and a chance for me to get back into the habit of being a trader. The real task is to not lose any mental trading capital over this. It might be better to sit on the side lines tommorrow and just watch price action. I say it and know that is not going to happen. Silly thing to even think. What would be better is to actually write out my plan before I take a trade. That I can do.
Tommorrow is a new day and a chance for me to get back into the habit of being a trader. The real task is to not lose any mental trading capital over this. It might be better to sit on the side lines tommorrow and just watch price action. I say it and know that is not going to happen. Silly thing to even think. What would be better is to actually write out my plan before I take a trade. That I can do.
I make money anywhere in the world by taking orders