Week 23: When my first two long were stopped out at swing low, i was feeling very uncomfortable about my trading today, Then i just tell myself: i just have to continue to try to anticipate and follow the plan and should not let win/lose affect my mindset; moreover, my goal is to follow the plan consistently and realistically i will be losing money at least at the beginning of this process of building discipline. I did not anticipate well for the short leg very natural for me after two losing trades, but did anticipate well for the third long and then managed to let OCO work for me although i was so tempted to exit before i leave. Attached please fined 1m chart and trade log for today's trading. Also trade log of last week was attached too.
Week 23: One long, scratched out. Submitted a limit long 21 at 7:05 but not filled. So tempted to change 21 to a higher price, but managed not to do so to follow the previous thought process prob more objective. Then i did wait patiently and entered based on the plan and then exited without hesitation when price did not move as what i anticipated.
start to think the question: how to anticipate around oval area looking for long only? ( strong down then PB (up), then retrace (down) ), in other words, how to anticipate reversing up but not continuing down?
Week 24 This one is the last post before May. Interesting to look at the difference between two charts of week 5 11/5/2013 and week 24 3/11/2014.
Weel 31 back from vacation 3 trades. did follow the plan. the first short should have a smaller stop.