Meditated 5 minutes. First time doing so in possibly years. Must become a necessity. Mind is clear enough when life is calm, but life will not always be calm and I must control my mind. Feeling decent now, calm enough, rested, and with some time to trade. Have a ‘meeting’ in 20 minutes, unfortunate, but navigable. Feeling aware enough, and calm enough to be able to take a small loss or a small gain. Do not feel any burden of losses from Friday, or if I do, they feel minimal and understandable. I reached for too much and had a touch of tilt in my step on Friday but did well in curbing it before it became catastrophic. Take small steps and grind your way to consistency. You have a track record. Let the crumbs method prevail for now. Opening the platform now.
Breaking significant daily level with volume right as I opened the market. A good place to have a stop, entered immediately. I’ve seen this before, if the daily level holds we should get some follow through, and this is a good place to have stop. In the hands of the market now. Goal target may be too high and obvious at 3965 even, but will see. Unfortunate, as if the 65 level is taken out it will likely go further, but I’ve committed to taking crumbs and in the long run this is the way to profitability for me, for now. I may still take a loss, but I feel myself anxious to hold for a larger gain if the 65 level is taken out. I will not, and I may not even see it taken out.
Insanely frustrating. I was right to the t with my analysis but I placed my stop mistakenly at the whole number level of 3960. I should have placed it 1 tick below. Had I done so I wouldn’t have been taken out, and as a result wouldn’t have lost out on the chop that I dived in as a result. Was able to come back for one small win, could have got more, but followed up with a stop.
Need to know when not to trade. Today that was not the case, I had a reasonable thesis but I know that daily levels are dangerous & must be engaged with cautiously.