I did everything you're not supposed to do trading wise this morning
Decided I was gonna wake up early and trade the London Session (4am EST). Figured I'd snag a few pips and be done for the day before it was time to start work (7am). Quickly setup 3 half ass analyzed trades. Boom. Down -76 pips .... damn.
All I could do was laugh. Woke up early and didn't follow my trading plan. The market wasn't having any of it lol.
However, that woke me up. I had to make a choice though. Do I take this "L" and pay for the lesson. Or, do I try to right the ship and get back on my game. You know what I did
I managed to recover 54 pips. 40 of which were 0.1 lots and 14 that were 0.05 lots. So although I'm still down as far as pip count. I recovered my losses and actually made a profit.
Done for the day. Lesson learned (I knew better).
Hope you guys have a better trading day.
Cheers,
Hollis
Decided I was gonna wake up early and trade the London Session (4am EST). Figured I'd snag a few pips and be done for the day before it was time to start work (7am). Quickly setup 3 half ass analyzed trades. Boom. Down -76 pips .... damn.
All I could do was laugh. Woke up early and didn't follow my trading plan. The market wasn't having any of it lol.
However, that woke me up. I had to make a choice though. Do I take this "L" and pay for the lesson. Or, do I try to right the ship and get back on my game. You know what I did
I managed to recover 54 pips. 40 of which were 0.1 lots and 14 that were 0.05 lots. So although I'm still down as far as pip count. I recovered my losses and actually made a profit.
Done for the day. Lesson learned (I knew better).
Hope you guys have a better trading day.
Cheers,
Hollis
Do more of what works and less of what doesn't.