How The Tr8dingN3rd Got Slapped
In my intraday-trading, I'm pretty good to make money on a regular basis.
It's a long time since I got out of control.
But yesterday, I messed up twice.
I was going short in a level, where I knew it was the bottom. The S&P500 intraday Chart showed clear support. And if the S&P goes north, the NQ will too in most cases.
Then I did not follow my (any) plan and did everything wrong.
How could that happen?
Well, I was distracted. I was DIS-Tracted - Off my track!
This lead to Stress, which killed my Focus, and that was the perfect mix to mess up my trade completely.
Not only that I made a loss, but I also missed out the HUGE move....
So, how to fix it?
Go back to the roots. Pull out the "Flight Plan" and check every step in the process.
It humbled me, and its GOOD.
No super Trader...No Trading Hero...Just a Human with a talent that gets slapped from time to time.
Happy Trading Y'all §8-)
It's a long time since I got out of control.
But yesterday, I messed up twice.
I was going short in a level, where I knew it was the bottom. The S&P500 intraday Chart showed clear support. And if the S&P goes north, the NQ will too in most cases.
Then I did not follow my (any) plan and did everything wrong.
How could that happen?
Well, I was distracted. I was DIS-Tracted - Off my track!
This lead to Stress, which killed my Focus, and that was the perfect mix to mess up my trade completely.
Not only that I made a loss, but I also missed out the HUGE move....
So, how to fix it?
Go back to the roots. Pull out the "Flight Plan" and check every step in the process.
It humbled me, and its GOOD.
No super Trader...No Trading Hero...Just a Human with a talent that gets slapped from time to time.
Happy Trading Y'all §8-)