Anything Can Happen

Summary

Today I told myself that some stocks can't go much higher or lower and it kept me away from an easy trade. The truth is that I really don't know what will happen and it shouldn't matter because anything can happen. It's a bad habit because ANYTHING CAN HAPPEN in these markets. Having expectations blinds my thinking and hides the truths of the charts from me.

The chart today was actually okay because the risk and reward was good, but my expectations blinded me from the truth. I have to stop with these expectations and open my mind to the thinking that ANYTHING CAN HAPPEN. 

Ticker: VTL

The idea was for a consolidation and a swing. Thinking about this, I did not want it to go higher today. However, it did and I did not adjust my game plan. The result of that was missing out on a daytrade winner.

Note: I had mixed ideas for this chart and it confused me. My initial idea required today to be a slower day and for some sort of consolidation next week. This affected my thinking by making me hope for just that. If it didn't, then it would have been a good daytrade. When it went higher, the slow day idea just made me thinking it wasn't worth it and the rest is history. 

How did something so simple turn so complicated? It was a break of a flag on the 2 minute and a break of a previous high on the daily. Gold was handed to me and for some reason I threw it into the ocean.

Note: I had a powerful setup in my hand, but I just threw it in the toilet. My swing idea definitely fucked with me.

Note: I have to stop with these expectations and think straight.

See something I did wrong today? Let me know by commenting below.