DislikedI am really sorry for your losses. Could you elaborate on what were the market & psychological conditions when you had those losing trades ?
Thanks for sharing your journal, it's a great effort and I appreciate it.Ignored
Secondly, I was in a confused stage. The market have proven me wrong already, yet I am constantly looking for a lower point to exit with much smaller loss. It happened twice. I ignored it and asked for more. I guess the word is "Greed".
To sum it up, the FEAR and GREED brothers again...
Market wise, impulse were spotted against me in the first day of the trade. I should have courage to flip my trade when that happens. The market continue to go up. Retraces were good at more then 50%, for 3 times, yet I failed to get the message.
This week I made a few changes.
1.) Smaller position: 1/3 of before
2.) When proven wrong, flip the trade. Never think about fighting a battle uphill. Swap sides when needed.
Thank for the support, it really helps
Godspeed
Life is a school for the soul