So haven't uploaded any trades, 1. Switched from Fidelity to TD Ameritrade which took longer than expected) 2. A few horrible (in my eyes) losses have really crushed my confidence. Two ugly trades in February that caused me to pump the brakes on actively trading and I went into research mode. I am a long-biased trader and have focused on One setup that I seem to be able to spot, also I have worked at becoming more in-tune with what a good entry price is (for me). And have a pretty simple exit plan; on the Good side, simply calc out what a 10% gain would look like and on the Bad, divide an acceptable whole number loss (usually in the 50$ range) by the number of stocks I would purchase (my trades are about $2700). so every trade I have some basic numbers to guide me. looks something like this.
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NIHD
Shares 2700
Entry Target: .95
Exit Goal Target: 1.10
Exit Loss MARK :-.02
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what is crazy is that being unprepared and uneducated gave a certain amount of bravery in my former trading scenarios. Now i feel like I am way more dialed in pre- trade, but damn I am really gun-shy. Not sure if the is really Analysis Paralysis, or some other mental barrier. But I thought I would share my situation and see if anyone else has input on breaking through this type of thing.
I hesitated to upload my losers too. But it is cathartic to do so - acknowledge that you lost by posting. Holding onto the loss by not posting doesn't let you move on. Sucks to admit it publicly but it's the best thing you can do - clears the space for new trades to happen. Good luck!
AND trade smaller - looks like your position sizes are too big for your confidence. Go back to 100 trades and see if that gets you moving.
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