This week I did 8 trades that I was green 2 and red 6. I learned a lot in my losses. There are some trade loss I knew I was wrong after the first 10% of my positions. The intelligent thing to do at that particular time was to cut my losses and live to fight another day.
Well, you know what happened, right? I wanted to prove the market wrong and somehow someway to massage my ego.... Oh boy how I was wrong! I ended up getting unnecessary loses that they still sting up to this point while I'm writing this blog post.
It has been a tough week and I will need to go back and edit some of my rules that I may reduce the number of losses. In the mean time I will need to work on my ego and to accept that it's okay to lose some even if the setup was good and I was so sure that I will make some profit.
I will continue to study hard, listening to videos and reading books since I'm still new in this. As my mentor and teacher Timothy Sykes always says this is the marathon and not a sprint.
I will see how next week will be. Let use this weekend to study and prepared for next week.
Nice...all good..win some u lose some...I’ve been studying and watching videos all hours of the day n night. It pays out, keep goin at it! GL, !
@simonfuture2 Thank you Sir! I will do just that and thank you for the encouragement.
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