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Zero Run
Started Jun 8, 2020|Trading Journals|333 replies
thought I'd start a journal, seems like it might help some....got a small account, like to see ...
reviewed my trades from yesterday, I'd say all where marginal....need to be more selective
took this one to start the day, looked cheap, near resistance....counter trend perhaps... took a closer look at this and covered it for a small loss...
took one more, over trading certainly plays tricks on your mind...I gave this one some thought, and figured had I been more selective earlier in the day, I would certainly have taken this one, so I did....kinda makes no sense really...
stopped out, having a tough go today....back to even on the day, calling it quits
keeping an eye on some resistance here, maybe something develops later today...
a couple of observations this morning.... 1. The more pairs your following, the higher the chance of overtrading. 2. Non dollar pairs seem more difficult to read, at least for me. 3. Loosing trades have a far greater cost that what I see on my P/L ...
another effort, support turned resistance is my read here, lets see how this goes....
using the hourly chart, feel more comfortable on that time frame....also using some s/r that's near the market and a 100 period SMA, that's it really...
thought I'd start a journal, seems like it might help some....got a small account, like to see ...
seems like a range up here...can't tell if we are running out of steam...still favor looking for longs for now...