It would normally be discouraging for me to try something 9 times and never get it right. This is my longest losing streak since I started last Sept.
I have learned a few lessons from all the losses though:
Occasionally I chase
Step away from 11:00 and come back b/w 2-2:30
Need to look at support/resistance levels more closely
Need to work on fight FOMO a little harder.
If I'm tired watch and don't play
Know what my stop out is before I enter the trade and don't rationalize reasons to change it
Best lesson though is that I have learned to get out when it isn't going my way. I used to lose 10-15%. The last 9 losing trades my average loss has only been 3.75%, with the highest being ($NIHD) 8.52%. I did everything wrong on that trade.
Going back to paper trading and studying even more, while I save up to open a second account and put a little back in my Etrade account.
@timothysykes @Profitly @StockstoTrade #nodaysoff