Today we had a +2pt Gap off strength and rally into the 1st Ti. where we traded into an acending flag for the remainder of day breaking near the close @ 11:30ish. The breaks were small and choppy.
Recap Notes:
Trade Selection - Poor Trading, Poor Entries, Poor Exits.
Sequence 1 Took way to many sequences with poor entries and exits. With that said this was a very strange day as i got very few signals early on. No pro bars or block bars on the ticks until after the huge opening rally that i missed by closing my position too soon. I tried holding for flag breaks that would not budge. basically a hold till the close type day. Block bars did show up later as the flag began. I stayed around all day when the major move was clearly over. When i had a series of solid trades i kept trading. Mistakes that exhaust you mentally!!.
ADJUSTMENTS & OBSERVATIONS:
NEVER stick around in a choppy market with Few signal - This was a very frustrating day for those who missed the open rally. Today that was me with too many probes. Due to no signals early i could tell what to trust so i bailed early and often.
Take 1 Shot 1 Kills to the Bank - When you get a solid Gain early be grateful, thank god and go about your day, sticking around has proven to be more work then it may be worth.
Laughter is the best medicine - Today i actually had a trade run 5 points in my favor and before i could even blink it pulled back to my entry, i got out with a scratch. Typically i would have been moved to some frustration, but this time i couldn't help but to laugh at how that must have looked.. Needless to say it broke any inclination towards regret frustration or any negative emotions or thoughts. I then came to the sudden realization that this was FUN.. Knowing their are more opportunities to come in the future, the day became a game i was playing with myself, Like Super Mario Bros. How many coins can i collect before the closing bell??! LOL
Take 1 Shot 1 Kills to the Bank - When you get a solid Gain early be grateful, thank god and go about your day, sticking around has proven to be more work then it may be worth.
Laughter is the best medicine - Today i actually had a trade run 5 points in my favor and before i could even blink it pulled back to my entry, i got out with a scratch. Typically i would have been moved to some frustration, but this time i couldn't help but to laugh at how that must have looked.. Needless to say it broke any inclination towards regret frustration or any negative emotions or thoughts. I then came to the sudden realization that this was FUN.. Knowing their are more opportunities to come in the future, the day became a game i was playing with myself, Like Super Mario Bros. How many coins can i collect before the closing bell??! LOL