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Here's the first journaled instance of "hope" in trading for me. Get in a bad position and begin to "hope" it will turn around for me instead of having a plan in place to know exactly what I'll do whatever happens.
Two things here. I'm beginning to ask myself to use some sort of buy trigger checklist to filter good trades. Also, we notice that I'm entering the arena of looking to trade stocks with massive spikes and whatnot, OTC.BB stocks and stuff. Not a good idea (for me).
No explanation necessary here. So much going on, really fun to look at now. I "feel really good" about a trade, nice. I'm beginning to develop affirmation statements to myself. And I come in with some outrageous performance expectations, then kind of correct myself.
Look at the bottom bullet. Starting to realize I need some type of system, some methodology created from myself. Also, nice to see the humility and acknowledgement of my lack of wisdom trading. Although, I don't think I even had a clue how much I really didn't know yet.
I like the point towards the bottom where I am telling myself not to get caught up on other people's picks, definitely had to learn to trust my own judgement trading when there is SO much out there to lead us this way or that way.
Really interesting to me to see the beginning of some subconscious learning here. I didn't realize it would turn into my main way of learning. The human mind is so powerful in recognizing trends and patterns, I really don't' think we have to have a lot of conscious learning to exploit it.
Also discovering the need for me (my personality) to back out and let a trade happen once I'm in it. I really tend to overmanage them and look at smaller and smaller timeframes.
