Having a better month from the end of 2020. Kept this month to a small loss and could have even been a profit if I had cut losses and not taken plays that weren't in my pattern.
The $112.02 loss was from chasing $DGLY on no news. The $73.48 loss was not cutting losses quickly on a failed OTC breakout in the morning. If I had cut the loss at my $20 risk like usual, I would have had a profitable month. Need to stick to my patterns and plan to cut losses quick cuz these big losses cause my performance to swing a lot.
Key Takeaways:
- $20 risk until I get consistent then move up.
- Trust my process, plan, and the patterns.
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