After about 6 months ago was the last time I traded do to circumstances. I KNOW i SHOULD ONLY SIZE HEAVIER INTO PATTERNS THAT WILL HELP ME WIN. Today I didn't do that and lost all of my gains from the fall. i would have done a few things differently in this and will do these things from now on. which is RESPECT THE RISK OF MY TRADE, USE SIGNIFICANTLY SMALLER AMOUNT ON SPECULITIVE/UNSURE TRADES AND KEEP ACCOUNT FROM BEING DAMAGED BEYOND RISK AS IT WILL MAKE YOU WANT TO HOLD UNTIL IT COMES DOWN(IT MAY NEVER HAPPEN).
what has happened truthfully I have made 1 mistake on thesis. I 3 wins 2 loss should be 4wins 1 loss- but I avg in to early. s the real mistake was today.
1 I LOST 559 DOLLARS BECAUSE I did not respect the risk level i set up which would have been only 90 dollar loss.
2 I Sized in way to much into a pattern of strength.
3. didn't wait for a true crack , but biggest thing is to take Risk and Position sizing Seriously as it is all that is linked into your bank account
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