Infuriating watching things tank in the direction I was in. I get shaken out because I don’t have wide enough stops, but then when my stops are too wide, I lose too much. Need to size down again. Futures are too much. Was going so well, but I obliterated all progress and have had to add from my bank. No more. Broke rules today, but rules not officially set in stone. Just thoughts. Broke sleep rule. Only got 6 hours last night. Broke number of trades rule: more than 3. Did a good job of having some sort of rule for when to exit trade, but was trading while working and unable to focus properly.
Negative self talk is fine, but need to balance. Cognitive Restructuring.
What am I doing well. I am doing very well with my analysis. I had a bearish bias today, I saw what was there and it played out according to my thesis. It looked like a bear flag on the 15 & hourly. There is a trendline downward on the daily and today it bounced right off of it. I had my levels down to a T and the price followed them precisely. Why then am I not profitable? Why then am I not capitalizing on what seems to be sound analysis. I have it, I have it well enough, things are playing out exactly as I’d outlined.