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Closing the day. Had right call....but could not capitalize.
After this i cant have any view about this till charts and my mind stabilizes.
So might continue tomorrow.
It was distortion not only on chart but somewhat momentarily and for some time on rational thinking ability at the moment. My thinking was some what outcome biased in context of that short trade after and at the start of crack. Clearly it was the disappointment of missing. It involved almost throughout my workday at job and only subsidized by rationalizing the events from the start.
Was the trade , pre-planned before market opening ? - Yes.
Was the trade started with such an objective which could not be even thought at that time ? - No.
What was the outcome nature of trade ? - Just 15 to 20 points.
Was the stop decided at the start ? - Yes, but not fixed.
Was stop placed in system or mental with process ? - with process.
Was the trade quieted before maximum permissible stop ? - yes.
Was it the only opportunity in that direction before that event ? - No.
If No, then why not 2nd or 3rd trade initiated ? - become stubborn.
I find myself wrong on many aspect, especially stop decision which still i use to decide from structure unfolding. This may vary within the maximum permissible limit of my risk per trade, which is 12 points. I cant say whether this is wrong or right but i feel comfortable with this.
Both trades turned little out of sync with immediate momentum. Though loss could be lowered approx 6 pts in total, but was of view to leverage more on that.
though that was good entry setup on FP, but have also some confusing points in FP( will explain if possible after mkt )....but for me that was a 2B Top on 3 min coupled with pending pullback to larger MA on 15 min. They seems me obvious.