Well after 2 weeks of having a broken computer and not trading or studying at all 5/29/2020  and yesterday 6/1/2020  I had my Come back ,

6/1/2020 I've made big mistakes like overtrading , sizing up a lot to make back , being cocky and emotional , follow alerts , a lot of the wrong stuff ...

I really want to become a good consistently profitable trader , not a gambler and not lucky for a while , so after thinking all night ( today I write this blogpost at 6/2/2020 )

so I think I have a plan to achieve my goals , yesterday I lost about $140 ... way more than I should for my usual position size so I've decided that I want to make back my losses , but not in one day , not in one lucky / risky / oversized / gamble trade , I want to make back my losses by being consistently profitable taking small gains and even small losses , i want to focus on better % gains than $ gains ;

so the plan to achieve this will be only being able to take $250 positions MAX so if I make back my losses it will be done by a consistent manner  and not a lucky way , so like this I can proof my self to have some of consistency and my goal is to become breakeven in overall profits  with this rule overtime, and if I fail at least I will be able to do a lot more trades / gain a lot more experience than if I go with bigger position size , because the smaller I go , the more my money will last .

Just few minutes ago I was thinking about going big size again into a potential morning spike to make back my losses , but that is soooo wrong mindset and I really don't want to fail in my attempt to becoming a consistently profitable trader ,

so imagine I make them back , that would be nice for a Wile but imagine I don't , imagine how much more I can lose , and If I lose enough I would not be able to have more experience nor trades to learn from , so I think is more valuable the being able to trade for more time  and the trades I will be able to take if I have that money , than the risk I'm taking if I try to make my losses from yesterday back in just few trades. So even if I lose it all but gradually and in a larger time that would be like buying my self a lot of experience and learning , and that's more worth than being breakeven right now and not having the knowledge , anyway my account is just 2k so I can make that back working for a little time 

 

Remember , only $250 positions maximum , and make back losses gradually and consistently

and focus on the % of the gains making that % bigger than the % of the losses