Summary
My confidence has been shattered and I will not be making any money until I get it back. My entries have improved, but my exits have turned into shit. I have not been letting my trades test out my ideas. I must be patient once I enter the trade and allow it to work!
What must I do?
1. I must work on being patient with the trade and realize when a good exit actually is. I used to be better at my exits, but now it seems I get scared out by any type of movement.
Ticker: FRAN
Terrible.
Note: I was only risking 30 cents. There was no reason to cover this early. Everything was in my head because I was thinking how not to lose.
Ticker: ANDE
Gapped up and missed the squeeze. Missed the pullback as well. |
My entry wasn't the best, but I was just risking 42 cents worse case. |
Ticker: SONC
There was a push and I got out because I panicked. |
Note: There was a better exit and I panicked before I was able to get out at a better price. This was stupid. I should be calm when I am wrong and wait for the best exit.
Notice a mistake? Let me know below!
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