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

A little risk management saves a lot of fan cleaning!

The Purpose of Life is Joy!!

Saturday, February 29, 2020

2/29/2020 Update

It was a crazy week. I didn't trade to much in terms of the number of trades each day. Lots of movement some of which I took advantage of and some of which took advantage of me.

I was on the wrong side twice and on the right side twice. Net result. Mostly break even. I did break above the zero line for the week so that's good but on Friday I was seriously distracted and I ignored the little voice that said best not trade today. That was the mistake for sure as I made a snap decision, was wrong and had a pretty decent size stop out that wiped out the prior gains.

I had the presence of mind to stand down at that point and just let it be. I knew if I had the focus time I could have recovered but I didn't so I let it go for the day and week.


3 comments:

  1. Discretion, is always a powerful ally in speculation. Its unfortunate how hard this lesson is to learn. So well done.

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