Today was a good day. First trade of the day, end up down $250. I could tell just from the morning’s candles that it was choppy, and getting chopped up was not something I was looking to do. I gave it some time to produce a trend and sure enough it did. I dug myself out of that hole and ended up positive on the day. Another key feature is that I was only 50% correct in my trades, but I finished positive. Kept my losers small enough that my winners washed them out. That’s the key to staying around for the long haul.
I think what I’m most proud of is the fact that regardless of any loss I took, I stayed in the moment for the next trade. I wasn’t trading to ‘get back what I lost.’ I was trading because it made sense to. Now I have certainly made some poor trades on my capital account, there is no denying that… but I have also had some stellar days. What I fear the most is not being able to recognize the days that are not conducive to my trading style and that I should not be trading. When I’m on it, I’m on it. I just feel at peace and in sync with what is happening. Maybe that’s it right there. Maybe on days when I’m not feeling the rhythm it’s time to sit on my hands.
Trades for the day: