***Update #1***
Human emotions never seem to fail do they? I am down $125 because I strayed from the strategy, and started playing off the god damn noise on the 1 minute chart. If I had stuck to my plan I'd be in the green.
I don't think I have found the holy grail (what a surprise), but I do think I have found a very good indicator that can be used to one's advantage. That is, if you stick to the plan, like I didn't do
I'm so disappointed in myself right now.
***Update #2***
-$280 on the day
I don't even know what to say. I made more panic trades into the close. I swore to myself I'd stick to the plan, and I couldn't even do that. This is the second biggest loss I've taken on my account. This loss is huge on an account as small as mine.
Now I am almost under the the minimum required margin requirements to play the /Nq. This is the worst trading day of my life.
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1 comment:
Keep the chin up Ace. All traders go through these struggles.
Have you thought about paper trading your new strategy first just to ensure that it can work in real time? I know for myself sometimes I'll paper trade a new idea first before I put real money to the test.
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