Today's trade.
"Strong break, pullback, load"
Here's the same chart zoomed out (to better see the levels).
It does look bad in retrospect... But the setup was there!
What I like with taking only one trade a day is it allows me to pass. I don't feel pressured into taking everything. I just need to choose a good one I feel confident about. And that will make my learning skyrocket in my opinion. Because it's impossible to learn while trying to load everywhere. It just does not stick and the stress levels are out of whack.
On another note, I'm kind of dreading the first day I'll make a loss though (but I really dont need to and I know it on an intellectual level). Because then I'll really be put to the test. Losses trigger an urge to make it back. But I'll stick to my rule of one a day. It's just part of the business to lose sometimes!
"Strong break, pullback, load"
Here's the same chart zoomed out (to better see the levels).
It does look bad in retrospect... But the setup was there!
What I like with taking only one trade a day is it allows me to pass. I don't feel pressured into taking everything. I just need to choose a good one I feel confident about. And that will make my learning skyrocket in my opinion. Because it's impossible to learn while trying to load everywhere. It just does not stick and the stress levels are out of whack.
On another note, I'm kind of dreading the first day I'll make a loss though (but I really dont need to and I know it on an intellectual level). Because then I'll really be put to the test. Losses trigger an urge to make it back. But I'll stick to my rule of one a day. It's just part of the business to lose sometimes!
No tree, it is said, can grow to heaven unless its roots reach down to hell
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