My trade journal has six columns. It took me three years of losses to arrive at the sixth one, which is the only one that made me money.
1. Date and market. Obvious, but also the session: Asia, London, New York. My worst trades cluster at 2 AM IST. The journal told me that, not my memory.
2. The setup, in one line. If I cannot write the reason in one line, there is no reason.
3. Size and risk. Position size and the rupee amount I lose if the stop hits. Not the percentage, the amount. Percenta...
WLD sits below the 4h EMA50 and EMA200 in a bearish stack.
🔴 SHORT $WLD /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.3989201 – 0.3998799
TP1: 0.3915913 (-2.0%)
TP2: 0.3863855 (-3.3%)
TP3: 0.3785768 (-5.2%)
SL: 0.4098116 (+2.6%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 3/12 signals agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h...