By the way, I hope you don't mind if I attempt to work with your method, and post some prep and trade charts too.
-AT
"Is it hard? Not if you have the right attitude. It's having the right attitude that's hard." - Robert Pirsig
--------------------------------------------------------------------------------------------------------------------------------------
Yesterday was one of my worst trading days in month in the Euro. I fought Bias, moved stop (again), computer problems tring to get out of a positon and went short when I was wanting to buy. -92 Pips @ 10000k
I fought back and learned a few lessons, follow my prep, don't fight bias, and have a backup in case I have computer problems.
Es was not bad, I fought bias a few time but end the day up. 3.5PT
The following user says Thank You to brettwilson69 for this post:
I really have been beaten up the last couple of days. I took two continuation trades into a very stretched market with small retracements, not usually a good setup or odds. I also should have scrathed a trade that I had 3.00 pts in. Trading the ES is not a place where you can make 3 mistakes in a row.
ES -9.75 PTS 1 winner 4 losers.
No Euro trades I had problems with my data feed after the news @ 7:30 am CST then never got in.
I need to crawl out of this hole!
The following 3 users say Thank You to brettwilson69 for this post:
If it weren't for days like this in trading, there would be no such thing as the term "drawdown."
It appears that your method is fairly sound and that you know it well, so it should follow that you just have to stick with your plan, and you'll work your way back up.
Identify what you may have done incorrectly, get clear about what you should have done, then move forward.
Hang in there.
-AT
"Is it hard? Not if you have the right attitude. It's having the right attitude that's hard." - Robert Pirsig
--------------------------------------------------------------------------------------------------------------------------------------
The following user says Thank You to AttitudeTrader for this post:
Nice journal so far brett . Im in the same boat as you this week suffering from zigging instead of zagging so dont feel bad . Cant quit cuz if I did the next set up woulda wiped the slate clean without me .
