-376 week.
This week has been one mistake after another. I entered early on Mon/Tues and Wednesday which resulted in losses. I usually enter 1 tick above the previous 5 min bar high but not sure what I was thinking. One of the problems with entering early and having a loss is that when the good set-up occurs, you don't do anything. Even today I enterted one trade early and took a loss. I should have just stayed on the sideline.
I need to look at all the trades this week and practice patience. I know that I will not be able to catch every turn and I do not need to either.
Hopefully next week will be better. The only silver lining is that I am still up since I started trading but if I don't get my act together soon, it won't be long till I lose it all.
This week has been one mistake after another. I entered early on Mon/Tues and Wednesday which resulted in losses. I usually enter 1 tick above the previous 5 min bar high but not sure what I was thinking. One of the problems with entering early and having a loss is that when the good set-up occurs, you don't do anything. Even today I enterted one trade early and took a loss. I should have just stayed on the sideline.
I need to look at all the trades this week and practice patience. I know that I will not be able to catch every turn and I do not need to either.
Hopefully next week will be better. The only silver lining is that I am still up since I started trading but if I don't get my act together soon, it won't be long till I lose it all.