opinions, leverage and ratio spreads....excuses, assumptions...constantly modifying the plan to fit my expectations of what could happen next, and not looking at the broader picture and accepting randomness for what it is....
I'm not quite sure what happened here...but for sure, things probably got more complicated as usual...and I probably got faked twice b4 the move happened....for me to have broke even, that means I also broke my Money management rules as I increased risk to recoup loss, and reach target....
In the last few days i can see I was slowly drifting away my initial focus....of simply taking objective, RR and MM based trades...
I was anticipating things, hence setting my self up for deception....by this point it is obvious that my 1% per trade rule, 2% max loss was now probably 4%... So I was increasing my exposure...as my W/L ratio made me think I was on the right path...
But because I had yet to accept the implications/ the use behind having 2 max trades per day on a overall risk basis I was doomed to fail. My target remained 10 pips on average, but I was risking 40 pips some days to get that ten pips. non sense. It was only a matter of time b4 i got clipped.
zzfx
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no pop no flop. target reached. must recap and learn from this.
zzfx
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lets do this,
expecting a pop or a flop. lets go!
zzfx
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bear trap i mean
zzfx
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Bull trap is what we want to see, and that means taking another loss. just tell me and ill join now
zzfx
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good intuition, wrong stop? usual trap?
lets see
zzfx
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Anticipate the squeeze up. If my bull stop was taken out.... they might want to move without me....mofos... Ill get my pips no matter what,
zzfx
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here we go, gage the 1.357 support. anticipate possible support right over it.
I'm not quite sure what happened here...but for sure, things probably got more complicated as usual...and I probably got faked twice b4 the move happened....for me to have broke even, that means I also broke my Money management rules as I increased risk to recoup loss, and reach target....
In the last few days i can see I was slowly drifting away my initial focus....of simply taking objective, RR and MM based trades...
I was anticipating things, hence setting my self up for deception....by this point it is obvious that my 1% per trade rule, 2% max loss was now probably 4%... So I was increasing my exposure...as my W/L ratio made me think I was on the right path...
But because I had yet to accept the implications/ the use behind having 2 max trades per day on a overall risk basis I was doomed to fail. My target remained 10 pips on average, but I was risking 40 pips some days to get that ten pips. non sense. It was only a matter of time b4 i got clipped.