Monday, June 8, 2015

Mon. 6/08

2:05pm CDT - Ugly, choppy day. Had plenty of MFE on many trades but didn't take them off trying to get bigger wins.  That works great if market is in strong trend but not today. Frustrating.
RESULTS FOR DAY
CL Contracts:9
Net $P/L: -544
Wins: 3
Losses: 6
Win%:33
Avg$Win: 6
Avg$Loss: -94
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2 comments:

  1. YM-TraderJune 8, 2015 at 2:44 PM

    Years of daytrading have taught me that successful trading is really all about handling frustration. Lots of it. I know I will get frustrated today, and tomorrow, and the next day, ad infinitum. It happens to everybody. It's normal and expected. A key for me has been to learn to (i.e. try to) not let these normal frustrations even be frustration. If I know its going to happen, why should I get all bent out of shape when it does? If I let every "1 tick miss", expectation of a retest but getting a breakout instead, or "I'm just not sure" (and it goes on to be a winner without me) bother me, I'd have serious anger issues. But all I need is 1. Just 1 good setup. Give me that and I'll quickly forget about all the moves I missed.

    ReplyDelete
  2. MBAGearheadJune 9, 2015 at 1:39 PM

    True true! I'm an impatient person and need to work on my "zen" state while trading! Thanks for comment.

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