Discussing My GOLD LOSS from Yesterday | Still Sick
Hey guys a sick Brandon here - so as promised I am here to discuss why I lost that trade and what I think I missed
Interestingly enough I don't think it was something I missed before I took the trade it was after I was already in - most traders forget that ultimately the decision sits with them. You can choose to close your trade at anytime - so long as it doesn't fit your rules and criteria. I chose to ignore what I thought I saw and I paid the price for it.
I am not ashamed of losing nor am I ashamed of talking about a loser so I am doing this to let you know that it is okay to take a hit - in fact it is a part of the industry..growing pains if you will.
But this IDEA serves to show you that you should be open to discuss when you lose because that is the only thing that really allows you to get better and better.
This trade is now in a journal of mine and it will mark a mistake that I don't want to make again.
I also will not be trading for the rest of the day as I still am not feeling too well. I don't want to be trading from a place of agitation - trust me it doesn't help you at all..
But I still think gold is bearish for now as I think the sellers still need a win TEMPORARILY
Have a good one guys :)
Interestingly enough I don't think it was something I missed before I took the trade it was after I was already in - most traders forget that ultimately the decision sits with them. You can choose to close your trade at anytime - so long as it doesn't fit your rules and criteria. I chose to ignore what I thought I saw and I paid the price for it.
I am not ashamed of losing nor am I ashamed of talking about a loser so I am doing this to let you know that it is okay to take a hit - in fact it is a part of the industry..growing pains if you will.
But this IDEA serves to show you that you should be open to discuss when you lose because that is the only thing that really allows you to get better and better.
This trade is now in a journal of mine and it will mark a mistake that I don't want to make again.
I also will not be trading for the rest of the day as I still am not feeling too well. I don't want to be trading from a place of agitation - trust me it doesn't help you at all..
But I still think gold is bearish for now as I think the sellers still need a win TEMPORARILY
Have a good one guys :)
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