Today I lost. I am in the red today guys. Here’s what I did wrong:
I over leveraged
I over traded
I revenge traded
I broke all of my rules.
I traded news. I knew we would have a move up. I bought and the market moved so quickly at 8:30 it hit my stop loss and then immediately moved back up. All of this happened in about 5 seconds. I was impatient. I should have waited for the market to show me the upward direction and get in at a better time.
This is also my journal entry for today. If I can’t hold myself accountable for what I am doing wrong I will not be profitable and achieve success with trading.
I knew better. But I live to trade another day so I will stay positive and work hard to move away from bad habits.