Quote from increasenow:
for me, a very positive trading day so far...
AUD +3
CAD +2
SF +1
ZW +.0225
...honestly, this is were I miss up must days...I keep on trading and lose it all or worse...need to be done trading for the day and evaluate "What did I do RIGHT!"...
over the last week or so, I cannot tell you how many times the following happened...Quote from Fireplace:
You should already know what you did right....you ARE following your method correct? Or are you just winging it? If that's the case, then you MUST review each trade and figure it out.
Quote from increasenow:
over the last week or so, I cannot tell you how many times the following happened...
#1-exited postions just before HUGE moves happened in my favor
#2-did not preserve my gains $ by over trading, revenge trading or "jumping in and chasing a trade" but not according to my rules, method etc.
#1-not according to rules...for some other reason...wanting to preserve cashQuote from Fireplace:
For #1: Did you exit according to your rules or did you exit for some other reason?
For #2: It should be simple, unless a trade is within your rules, you dont take it with real $$$. Simply, look at the scenario and paper trade it if you'd like and if it works, list everything you can to try and figure out why and if it doesn't it won't cost you anything and, plus, you can evaluate that scenario too and see if you can learn from it.
BANG!!