After I wrote few rules to myself last week, I thought I have a clear idea what needs to be done. But.. I seem to have clear understanding of the theory, until I start practicing :)
It’s been a very red week. I don’t understand how can I make the same mistakes multiple times. I still chase too much, I do impulsive and revenge trading, not cutting loses quickly…
Hopefully I don’t have to repeat this much longer and finally learn. As a beginner, it’s easy to start doubting if this could work, but I haven’t given it enough time to allow myself that fear.
On to the next week of learning.
Posted Dec 02, 16 4:33 PMbySasho
Received 2 Karmas
I feel your pain, just start small and pick only the best morning set ups to begin with. and study lots
Thank you Daniel!
When I catch myself chasing a lot I remind myself something. I look at the pattern and price action and decide the best possible entry point that I could get. I will not buy anything outside the PERFECT entry point. If I miss out on something, ohwell. There will always be another potential setup in the future.
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