Krispytrades

Bad habits to look out for from this- Changing plan at peak pleasure. Sell at peak pleasure. - Not following plan because of PDT. Just take the trade and leave with your profit so this doesnt happen. -Adding to losers when the price action is horrible. -making it about the money not the play

In reply to$YRIV
Krispytrades

Bad habits to look out for from this-

In reply to$YRIV
Krispytrades

The loss was so big because not only did I get sucked into it'll defenitely bounce mentality but my mind was 100% on the money not the play. So I kept adding near strong support even though the buying power was garbage it was just big bids propping it up. SO many bagholders and you could feel it. STUDY THIS TRADE

In reply to$YRIV
Krispytrades

So you remember. That feeling you had during the spike to the bounce high is the indicator to SELL. Your mindset flipped and went from Im getting ready to sell to oh shit this is strong I'll hold it way longer than previously planned. $850 gain you missed but its not about money its about the game

In reply to$YRIV
Krispytrades

YRIV- You can see exactly where this trade turned bad for me. I refused to take off into that vertical spike to .97 because of my PDT mindset of conserving trades and then started thinking oh it'll base and spike tomorrow morning over 1. After that harsh pull I didnt want to admit that I lost that gain and slipped into bad habits to try to convince myself it would turn around when I literally knew it wouldnt.

In reply to$YRIV
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