After a 6 month hiatus finally....finally I posted my first trade since blowing up. Where have I been? What have I been doing? Lol Trying to keep my life and sanity together lol... I took a less demanding job which of course results in lower pay however I'm a managing a small wireless for a awesome brand which allows me some freedoms still and i'm around computers and technology all day so it all ties in. So what I've been doing is putting together my new store, licking my wounds from my blow up which I think about every single day and I lucked up into a situation which can turn out to be lucrative down the road. I've been studying all of my mistakes through a process of relearning all the basics, diving deeper into trading psychology, studying from new mentors and different perspectives. I've tried it all. Honestly after all I've heard and seen I must say Sykes, Grittani, and Michaud are the best Gurus in my opinion to follow. I rounded out everything with Trading tickers from Grittani and paired with the knowledge pool of dozens of traders I choose to pull from Sykes, Gittani and Michaud. They're the ones who brought it all home for me. So I'm going to be transferring about $4-$5k to my E*Trade account and only play with about $1,500 for now. Today I just couldn't help it I just needed a taste of the market. I've been patiently waiting on the sideline for way too long. Studying, refining, refining, studying, studying, more refining, analyzing, watching. So I played with about a $100 bucks just to test out some of my strategies. Initially I missed the breakout on $ACRI at a $1.30 cuddling my gf. smh I know. Hard rule, no cuddles during trading hours. I don't care how fine she is, no cuddles only money rain puddles! So I was right on track watching $ARCI it broke past my $1.30 target entry pulled back and was getting ready to breakout again. I found a key support level at $1.42 and based my risk off that level. I chased it a bit thinking it would continue to run. I knew it was overextended however I felt comfortable in my trade because I knew where I was basing my risk off of. So as soon as it broke a key $1.42 level I limit ordered out right at $1.42 for a loss of -$14.39. It was the most control I've had over a trade since I took on this path. I look forward to reentering the market with a keen eye that I've developed along with a loose attitude of letting the plays develop and come to me - not to force anything and be patient
Hi Man, good to have you back trading again, solid work on the bounce back from the blow up. Not easy to come back so soon.
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