It is awesome you are back to your BE point. But you must take note of the market condition that got you there. Have you happened to notice what the hell went on in the ranges this week? It has been quite a while since we have had this sort of motion, thanks to My Sharona virus. Keep using caution going forward, and keep those gains!!!
1. What you expect 2. What you want 3. What really happens Trader's job is to know and plan for 1/2 to be the same as 3.
So feeling a little bummed today, stayed up all night for a long signal I was expecting to happen, IB crashed in the background and I had no idea, missed the long signal and now I'm just watching it run. Cunts.
I did front run my signal a bit so I did end up getting SOME profit, but it was a limp dick profit as opposed to a giant fuck your wife and her mother profit.
I accidentally (honestly) front ran my signal today and punished myself by taking a loss when I realized that I had done that. I'm not sure what I should have done, but it seems like the right thing to do is to close the trade and wait for the signal (which did eventually trigger). Literally everything is in place for me to fully automate this. I don't need to stay up all night to catch these fucking trades. But I don't think I'll automate it until at least a year of doing it manually.
It's time for another entry. Today is the FOMO entry. I am looking at this market trying to understand how I did not ride it all the way down and the answer is very simple: my trade management fucking sucks. I'm supposed to use price action to exit trades but what did I use? Profit and fear of Trump tweet. FML. That's a half million trade went up in smoke. I will learn for next time.