FUMBLED MY TRADE!! How not to do trading psychology
Yesterday I had a banger of a trade setup on AU, found during London session.
My idea was set out - clean PA and confluences literally ticking all the boxes and I got the entry... BUT I was not prepared for how I was going to manage this trade, I had no exit plan, no targets for partials and did not adjust stops.
So my trade reaches 2.3R - Im hype as shit and im thinking I got this in the bag ive been hitting full TPS all week ima just go for full TP of 6.3R. So it hits the 15m OB and it has a strong reaction (all of you will know that this is the manipulation) - by this point im out and about and i check it real quick on my phone and i panick thinking my trades just reversed on me - my analysis is wrong and im gonna cop the L. SO I exit at BE only for it to hit full TP a couple hours later 😭🤦‍♂️
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2 comments
Tony Lam
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FUMBLED MY TRADE!! How not to do trading psychology
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