Wednesday, May 6, 2015

6th May 15

No I am not making newbie errors anymore. I am making pathetic, horrible, sick errors.

1. Took trade and even after it achieving my target did not sell it because of greed.

2. Averaged twice and kept moving the SL away from initial SL.

3. Did not book losses when they were less and let it fall apart.

4. Took more trades than was permissible.

5. SL was more then the risk.

Ridiculous. Wretched. Hapless.

Points for the day: -760.
Points for the week: -926
Points for the month: -926.

My "so called" confidence is shaken a bit. If I don't improve now, I never will. There is no way I can recover these 926 points this month but even if I am able to recover 300-400 points I would have done some face saving at least.

and yes, by the way its in downtrend 'cuz I of the lower low.


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