Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
First, I was sort of proud of myself in the morning for being able to finally pull the trigger again.
Second, one thing is the preparation. The other is actually following it. I think I need more precise scenarios, not only a general description of the possible market movement for the next day and S/R levels, i.e. I need scenarios of what to do on each S/R level.
Today I traded countertrend...
Trade #1
Entry before the setup completed. It was confirmed only by intermarket divergence but not on delta. Full SL.
Result: -9 ticks
Trade #2
Another countertrend, correct setup, confirmed by delta but the sellers are really strong today.
Result: +4-6= -2 ticks
Total result for the day: -11 ticks
Major thing for me today was that I was able to trade again. I felt somehow "exhausted" after the month of contest. I assume I am just new to it and have to get used to it. On the other hand I let the newly regained confidence to pull the trigger distract myself. After the first trade I completely lost my attention and started wondering around. That is why my second trade came so late afterwards.
Today I planned to trade but was not really sure.
I trade from home. However, with all the family (kids as well as husband) around it was impossible.
I felt awkward when my husband stood in front of me and my monitor asking whether this was really it? smiling when I was waiting patiently for my trade. So I smiled too and I knew that it was it for today so I called it a day.
Also, I have been in a bit of an emotional turmoil since the end of the contest.
First, after it finished I was suddenly afraid to pull the trigger because I was afraid of not being right.
Then I realized that I lacked confidence because I did not have enough practice.
Then I realized I would not be able to get practice if I was afraid to pull the trigger.
And I was back at the first point...
So first of all, I need some more practice. I had plans for April but those are now in shatters because of incoming work. Obviously I did not do enough to have the time necessary for all I planned. That is the reason why I plan, and plan it properly, to have the whole May for my own "Trading Academy". I plan to prepare a daily schedule of specific activities including reports and records and I am really looking forward to it.
My trading consists of scattered clicks outside of my plan because of lack of time.
I decided to interrupt the trading till my "trading academy" starts in May.
And by the way, I won a complimentary copy of The Disciplined Trader Master Kit. I hope it will come soon and it will be helpful.