Disliked{quote} -$11085 {image} will make a separate post to walk through the day and some of the very valuable lessons identified. These are the days where you learn the most i tell ya.Ignored
Then US session came in:
1st trade sequence was taken per rules EXCEPT, I added 3 contracts more by mistake. This is not one of those setups where i usually add right away especially on a extended move already..so i actually took $800 larger loss than i should have. Just didn't pay attention here
2nd sequence was something I didn't consider from the price action point of view. After looking back into my old screenshots and charts, i found some price action that I need to avoid when found during these trend structure. So this sequence would've not been taken
3rd sequence was a retard mistake. I had a stop loss (15 contracts sell on the previous buy position). But I went and flatten the buy position and for some reason didn't close the 15 contracts sell. So it got triggered, and when i realized my mistake; i closed it. A whopping $40 mistake lol
4th sequence is based on existing setup rules but the entry was off and I observed another price action sequence around this as well. So technically I would've bought around the open 7363.
So there you go, big loss, but being able to identify the issues is what losing days are for.
I thought about reducing my size on the setups, but again, since the losses can be traced to new observations, i decide to keep it for now. I know my AAA setups and to adjust size based on today doesn't make sense to me.
I updated my rules a bit.
This is where I am at for the month after today's LESSONS. Market is a crazy ass teacher.
Working towards CME membership
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