Earn2Trade 2/28/19 Journal

Just think of the example of the jelly donut if you want to ruminate on feeling bad, feeling embarrassed. At least you are not private Pyle!


That's pretty bad...losing a grand in the market is nothing compared to that! The jelly donut would destroy the constitution of most peeps. Losing a grand? Pfffhhht!
 
Overnight said:
A higher timeframe would not have helped you. I dun' care what TA you might have used to determine your direction, the move was totally FA driven. Bad economic data at 9:45 AM ET combined with the yield curve inversion is what drove it down.

It fucked me because I kept staring at TA, thinking about the Dovish fed. I forgot the fundamentals.



That is the worst mistake you can make. Letting pride stand in the way of keeping yourself accountable will only lead to more losses. Why be embarrassed about posting your losses here? Nobody knows who you are. I pull no punches in my journal, and post the bad with the good. It hurts, sure, but it builds character, too. Give it a try. This is your community of friends, your community of traders. They will give you shit, and they will give you encouragement. Either way, it is healthy input.

It is refreshing. :)
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Trying to decide if I want to respond to all of this. I think you mean well but as far as technicals there is obviously a lot you don't get. We tagged the leg start that gave us all time highs and we distributed right to it. It was definitely predictable. I haven't looked at news in like 10 years cause it doesn't matter. But to each is own. I really don't care what anyone thinks. It's just facts. I kind of figured responses like this would happen lol
 
tradethereaction said:
Trying to decide if I want to respond to all of this. I think you mean well but as far as technicals there is obviously a lot you don't get. We tagged the leg start that gave us all time highs and we distributed right to it. It was definitely predictable. I haven't looked at news in like 10 years cause it doesn't matter. But to each is own. I really don't care what anyone thinks. It's just facts. I kind of figured responses like this would happen lol
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There was no ATH on Friday.
 
What I am trying to say here is keep on with your journal. Don't feel embarrassed about posting your days, win or loss. Oi!
 
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Fourth Week Completed. Survived the week again.
 
tradethereaction said:
I had a mental breakdown on...


Sorry to hear that mental breakdown on your part. It happens but obviously it is not the end. I did that on ONEUP some weeks ago and later decided to go with Earn2Trade. I do not feel rushed this time around and the subscription for me ends in May 3. So roughly one more month
of risk management. I also find that I do not put much pressure on myself like I use to. Good Luck.
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