AM: 2 wins, 2 losses
1st trade: +2R Patient on entry, missed by 1 tick. When it came back to re-test, I chased the entry instead of waiting for it at my price. That’s a mistake. Good add when it showed weakness. Thought about holding till next level, which would’ve been 3.5R winner but just took the 2R win
2nd trade: -3.4R in SI. Good patience on entry. Waited for stop at my level with ATR extended = winning combo. Couldn’t accept the loser so kept on adding and averaging down. Really awful when I had many opportunities to get out flat as I saw the seller just above my entry
3rd trade: +1R in HG. Entered on close. Was hoping for a bigger bounce but took what the market gave.
4th trade: -0.7R in SI. Entered on close. Had 1R profit very quickly and thought this could retrace higher for 5R as I was big with tight stop. Took partial profit to reduce risk in case of loss. Moved my stop as it came close because I mentally couldn’t handle taking another loss in SI. Mentality was to make it all back that I lost in the first SI trade.
Fucked up the PM royally for no reason except I refuse to take my losses when I should
Had +1000 and finished -3300. My goal is only +500 so how the fuck do I let myself go from double that to down a ton. More angry and pissed off with myself than I’ve ever been because I know this should’ve been an easy +3k day instead of -4k.
The past 2 days combined would be +7500 instead of -8000. Those swings are terrible for my psyche. I can’t continue putting this stress on myself for no reason. I force difficult trades when the easy ones are there for the taking.
I’m just rambling now but this is raw. This is what it looks like when after 6 years, you feel like you’ve lost the ability to trade and everything you do is wrong. Confidence goes down and you’re scared to make a move and be wrong, again. Instead of the past 2 days putting a dent in my downswing, I’ve put myself in an even deeper hole. I need to trust my process for the next 3 days. If I get up 2R in the morning, I’m done. Just need to put a green day on the board and build some fucking momentum so I can turn this ship around.
AM: – 1.1R
PM: -3300
Trader's Journey 