Thursday ... No trade taken ... still have to loosen up the inhibitory mechanism a bit.
Instructions to myself for Friday:
As soon as you have a probable trend read then believe it until it reverses
(I am better than I think in real time)
Look for the first set up that meets your rules
(It doesn't have to be perfect or the best or really highly probable, just match the rules)
Tell yourself stories about doing it in this way when nothing is happening.
Friday ... Two trades, YES !!!!
-13 , but 100% valid so big tick
+19, and 100% valid so big tick.
As always I could do better but I'm restarted again. Gotta keep the thinking, stories, and feelings right.
Two trades entered and exited. Risk 11, Return 0. Risk 9, Return 7.
Both valid and well executed. I'd like to feel less pressure while in the trade. Aim to increase to 3 trades if available tomorrow and remain more relaxed during the trade.
Massive Tech issues on Wednesday so I didn't even consider trading.
One trade on Thursday 15 points risked and given up. The trade was not legal in the first place; I was watching the market and wanting to trade and at the time it looked like a lovely set-up although it didn't match any of my valid trades. A good lesson that I can still make this mistake if I let my guard down.
Friday 11 points risked and lost. Not a valid setup although I didn't realize it at the time.
I need to work on my plan over the weekend. My attempt to put pressure on for more trades seems to have driven more faulty trades rather than more good trades. So time to fix that by changing the pressure.
Risk 18 and -18 booked. Invalid trade but thought it was ok at the time.
Risk 11 and 34 booked. Valid trade. Entry and Exit 100% to system. Calm for first 5 minutes but heart rate was up for next 15 as it retested the starting point twice. Didn't mess with it though so discipline/willpower held.
Possibly should have called this thread "Journey to (repeated) self-knowledge" as I do seem to repeat the same errors. Yesterday I was building some software and carried on into the trading sessions. When I do this I take trades without sufficient qualification - my distracted mind fails to see warnings that I would otherwise notice.
risked and said goodbye to 14 points
risked and said goodbye to 18 points.