ES Journal - 2019/2020

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nickynoes said:
Sarcasm doesnt translate well into text, it actually sucked. It was the start of my day trading career, got caught up in the bull market and held like 5 contracts through the whole drop at the end of january 2018.
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Which instrument?
 
syswizard said:
That explains everything. Wow, 5 contracts ? You were really levered to-the-max.....and in the wrong direction.
Why did you continue to hold those losing positions thru a great bear move / retracement ?
It appears you went "myopic"...long-only thinking.
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Couldnt close the position, I was sitting there tearing my hair out and thinking it would retrace back, these days I just close my positions and turn off the computer if I ever feel like that. Live and learn.
 
Holding my shorts til we break this trend line.
5m chart.

setup7.png
 
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