Create a plan in premarket and set limit orders. If they hit set stops. If not wait for tomorrow
I mainly shortsell and this is what I do. Some days I waste money on locates that I don’t end up using but it’s better than chasing and losing on something I know I shouldn’t have trades
I do create a bias and a plan for both directions in premarket.
I can point out a lot of things wrong with what you are doing. I hope you haven't quit your job yet because you're going to need it.
I think you should start by trading with a very small position so you don't get emotionally attached to the money you are trading with.
It also sounds like you are impatient. A patient person will wait for the trend to dip before buying in. Not buying in at the peak of an uptrend because "It's about to go to the moon man!"
I already know you're not going to listen to me, so after you get done losing more money maybe check out some youtube videos on pattern formations on charts, and helpful indicators. And start trading with a smaller position until you figure out how to trade better.
I think I am impatient, today I bought a low(first time after self reflecting and reviewing trades), and it was in my favor really quickly. I can see the flow of impatient traders because of how many times I jumped in. Quite Interesting.
What triggers a buy or sell to enter when you follow your system and it works?
Let us say we are in a long bias on a stock, I would usually wait for lows, but I want confirmation that it will hold, I think this is where I get sucked in and chase when my thesis was right but I didn't go in.
go fix the root of the root cause.
having a solid trade plan is not addressing the root cause.
the root of the root cause is the subconscious mind causing havoc.
I think I have traded for so long chasing, that it is imprinted in my mind, like a habit. I might need to buy when I actually should instead of waiting for the move to happen.
Thanks.

