Keep Calm and Don't Move Your Stops.....

A little risk management saves a lot of fan cleaning!

The Purpose of Life is Joy!!

Monday, February 27, 2017

+1RR

Slow day, I had one small stop out trying to be long followed by a short that didn't really work like I thought it would but it did give me enough to cover the loss and end at +1RR. Happy enough about that.

Its late in the day already, I didn't sleep much last night and I have a test review and a test to do today as well as a long list of honey do's and last but certainly the scariest, registering my kiddo for high school next year. The time flies so fast. Make good use of it while you can!

Cheers

EDIT: I should add that I grew impatient with the trade and simply closed it out....only on the very next bar, price went to my target almost instantly. Lesson here. Never move the stop. I've been pretty good about this lately but perhaps the lack of sleep, the need to get to the books, etc clouded my judgement. Perhaps a clear lesson in not trading tired.

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