TripTrade

Brought new trading habits into an old trading plan. Took a small loss after my plan was invalidated, could have been much worse and I traded with only a third of my usual size.

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TripTrade

Took an $8 loss today on a stock that I got in with good risk reward risking 5 cents to make 1.90, but it faded the rest of the day, then around 2 or 3 pm after I had gotten out it returned and went way past where I got it. This caused me to get a little emotional so I went into my IBKR account I only use for shorting. I watched the tape on a different ticker that was range trading and scalped to make half my loss back 🤣. Don't ever do that, even though it might work.

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TripTrade

I also understand that I will still have losses, but if I add up my percentage wins and subtract my losses, I can see I am doing better than before.

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TripTrade

I find myself focusing on one or two small goals at a time, and once you start incorporating new methods to increase success you start getting more comfortable. Sometimes I get a little emotional once the trade is done, because I played it well compared to how I had in the past. I could cry cuz I finally start to get it.

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TripTrade

It's amazing how it starts to make sense once you trade more. All the lessons, the webinars, the live trades. Having that screen time, it really starts to click. Every day is a new lesson.

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TripTrade

Looking at my past trades, I'm becoming more consistent. Not profitable yet because I'm not trading large size, but slowly increasing it. My win percentage has gone up because I'm focusing more on better risk reward, and my overall wins are starting to creep up on my overall losses.

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TripTrade

Weeks ago I made mistake that became a dumb swing that became a stupid add, hold and hope. It gapped down so much over a week or more. Don't really know how long I held it. I even sold it today by mistake trying to sell another ticker and took the loss. Funny thing is, last week the stock came back and went past my price, giving me profits but that was the ONE day I didn't trade so didn't even see it. I'm glad that I didn't cuz that's a bad lesson.

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