Hey comunity.

Let me introduce myself.

I'm Milos from Montenegro. 26y, without a job atm. I earned some money tru  summer season and now I decided to put into trading. I studied for at least 11month.

I learned a lot, but need to feel that with real money. How to overcome emotions etc and eventually take a loss.. Thats happend today.

 

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Today I broke 3 important rules and took my first loss.

I traded $CTRV two times, both green.

My 3rd entry was at 2.49$. and i could profit coz stock moved to 2.58-2.60 two times, but as I said expected b/o to the new rally (greedy), but things tend to go a little diffirent.

3pl top, a lot of hidden size sellers , later stuck into channel bettwen 2.46 and 2.53$ and than boom, drop to the 2.32$ within a second.

could not make a smaller loss coz it happend within a blink of the eye.

 

3 rules that I broke are:

1. Take a profit whenever u can. (meet of the move) / had profit of +-34$. now loss

2. Don't force trades. / Was green 144$ , witch exchange 3rd of my montly sallary. :/

3. Get out if plan is not working. Take a loss if is nessesery. / When price was near my entry , I could get out or even cut half size. 

 

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Good thing i started trading in Thursday, 13-Oktober-2016.

Total: 5 trades, 4w, 1l. (3 of my trades are made today)

Start Capital: 928$

Brooker: Trade Zero

My goals:

1st. To be possitive every month.

2nd.  to make 8k-10k before Jun (summer). / 8 and half months left.

 

so I could eventually enjoy and not to work season job. :)

 

Happy trading.