Went Live And Broke Every Rule In The Book!
Hi Everybody,
I went live two weeks ago and was doing real well. I followed my system and mm rules and thought I couldn't do any wrong. I had some winners and some losers. With my system and mm rules the losers didn't matter. I have been doing well. Then the perfect setup came around. It looked juicy. Then it went against me. Instead of letting it go, I chuncked more money at it. It ended bad. Instead of learning my lesson, I thought "I need to make this back quick". So I increased the trade sizes and started trading flutter charts. I think we all know the outcome.
I am writing my rules down now. They are no longer in my head but in black and white. They will be my trading bible. I will not sin again... I hope.
My account took a 15% blow because of this foolishnes.
For all fellow noobs out there. Techs and fundies are only half the story. Trade your system, rules, and mm. There are no alternatives to well disciplined psychological trading.
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