Main Account: +$363. Came in today with the idea of being extremely patient for some clean trades, and try and capture one or two good trends to make the day. Wanted the entries and management of the trades to be excellent, to keep the risk on each individual one extremely low because it was important to book a positive day.
So sat there patiently... And was actually good to miss because I most likely would have lost quite a bit of money on the ANF opening downtrend. But then I missed the clean entry on ANF, and ending up taking it on a dip with a wider stop-loss at full size - there was also an opportunity to get out of it once it broke the trend for half the loss, but was stuck looking at it hoping. It setup later for another trade and I took it, and that would have made more money that the loss... But I was done for the day.
Made a similar mistake on TSLA, went too large with wide stop-loss and too quickly. Would have got such a good entry with better patience as well...
NUGT was a perfectly executed trade, size was added slowly with more confirmation and tighter risk. Final add was on the clean break and averaging up. Only got NUGT right after acknowledging the mistakes on ANF and TSLA.
Anyway am going to experiment with something for the next couple of days... Going to actively journal throughout the day, with timely charts included. Goal is to acknowledge each mistake and list them at the end of the day. This will be a little hard during the day - but will fine tune the process as I go.
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