MauricioGTrader
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Excuse me for venting through this channel, but I'm at that point where I just want to throw everything to hell and where I question if this is what I want to keep doing.
I know there are good moments and bad moments.
It has taken me a lot of effort, hours of screen time, reading, and learning to be profitable, and yesterday a part of that profitability went to hell for not following my own basic rules. For being greedy and for not paying attention to the relevant news.
Not setting Stop Loss
Not sticking to the Plan
Over-leveraging
Letting myself be guided by my intuition and not seeing the reality
Not checking the news (things I always do)
Yesterday I lost $2900. From a trade that had been working for days. And at one moment it was profitable and I should have closed it with gains.
I feel deeply demotivated.
On this platform, everyone shows their gains and few talk about their losses.
But here I'm sharing my experience so that it doesn't happen to you!
Here are my conclusions:
Don’t trade with anger
Don’t be swayed by FOMO
Don’t trade futures without a Stop Loss
If you lose 3 or 4 trades, close the computer and go for a walk, the market will continue, it’s fine, there are always opportunities.
Don’t go into debt or spend money you don’t have.
Good day to everyone
$SOL
I know there are good moments and bad moments.
It has taken me a lot of effort, hours of screen time, reading, and learning to be profitable, and yesterday a part of that profitability went to hell for not following my own basic rules. For being greedy and for not paying attention to the relevant news.
Not setting Stop Loss
Not sticking to the Plan
Over-leveraging
Letting myself be guided by my intuition and not seeing the reality
Not checking the news (things I always do)
Yesterday I lost $2900. From a trade that had been working for days. And at one moment it was profitable and I should have closed it with gains.
I feel deeply demotivated.
On this platform, everyone shows their gains and few talk about their losses.
But here I'm sharing my experience so that it doesn't happen to you!
Here are my conclusions:
Don’t trade with anger
Don’t be swayed by FOMO
Don’t trade futures without a Stop Loss
If you lose 3 or 4 trades, close the computer and go for a walk, the market will continue, it’s fine, there are always opportunities.
Don’t go into debt or spend money you don’t have.
Good day to everyone
$SOL
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