Totipotent

Tough Monday - I think no level 2 threw me off mentally. I sized in waayyyy too heavy on the speculative breakout trades, caught the backside or top ticked the breakout. Patience would have resulted in profits on both, but holding and hoping is not a strategy. Overall not super mad at myself after reviewing the losses, but so much room for improvement. Did overtrade a little.But am gaining valuable experience by playing these breakouts, slowly getting more confident in my ability to make a plan and exit.... really still don't like them but see the opportunity now after trading 10-50

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Totipotent

Gagged in chat for terrible joke - lesson learned: 1.) Don't say dumb stuff in chat. 2.) Endeavor to keep chat limited to alerts, questions, answers. 3.) I left my discord community because I was seeking something I could not get. Not here for friendship, although not discounting it altogether the primary function and goal of the chat is to alert others of catalysts and reinforce the process. Need to focus from here forward on my own watch lists, my own patterns, not trade emotionally, trust the process. Trading without discipline, trading emotionally, and chasing alerts is degenerate gambling.

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Totipotent

“Socialism is a wonderful idea. It is only as a reality that it has been disastrous. Among people of every race, color, and creed, all around the world, socialism has led to hunger in countries that used to have surplus food to export.... Nevertheless, for many of those who deal primarily in ideas, socialism remains an attractive idea -- in fact, seductive. Its every failure is explained away as due to the inadequacies of particular leaders." --Thomas Sowell

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Totipotent

Struggling to balance work - life and my desire to be an active trader. Sometimes have to be at work during the market open, which is my favorite time. I just need to step outside my tiny understanding of time (the present), and seek delayed gratification and trust the process. It isn't about any one trade and I won't learn anything by getting lucky rich quick.

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Totipotent

Just wanting to recognize an achievement, one small tiny step in millions towards my goals. Need to stay focused, and be ready for 11 losing trades in a row / blow up at any time.

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Totipotent

Day job picking up - been busy and have not been 100% into studying due to a burnt out phase about one week ago where I was getting pretty physically ill. I am sort of the point where i have been successful for multiple days, so need to protect protect protect. I don't have to trade, and it isn't about any one trade.

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Totipotent

Had a short trading day due to day job - started out with having a lot of my main watches on 5 min candles instead of 1 min, missed a few small 10% or so panics that I would have gone after. Thankful to have observed supernova MDMP and traded AND profited. Breakouts not my specialty by any means. Only trade for day, nice easy debrief and review !

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Totipotent

Trades Wed. March 10th 2021 - Lessons, don't trade poorly and break rules, then get all mentally shaken out and miss out on opportunities you have been preparing for. I was a little off my game mentally from loss on BBKCF and failed to carry out my trading plan on $GME, leaving behind a lot of profits. Learned today though, big time!

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Totipotent

Charts, entries for second week of March, so far. All dip buys, doing a lot better these past couple days of staying in my lane, going to strive for continuation on this and maybe a breakout.

Totipotent
Totipotent Mar 09, 5:11 PM

OZSC exit wrong, correct price but was about 10 mins before lol

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Totipotent

Week one stats by trade, did not include the all in accident in the dipbuy breakdown, although I will remember and review that trade I feel it is an outlier when it comes to this kind of analysis. Could be a mistake but last week looked promising for dip buys for me, if I can become more disciplined overall.

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Totipotent

Week one of March 21, -$4800, losses really just eclipsing my gains. Most of the time I am chasing a breakout, buying what is clearly much higher than any sane person would do. I am buying into the hype or the selloff and losing big, almost any time I buy above or near VWAP I lose money, but especially if I buy any time near a big spike, during. Need to stick to the patterns that work for me, or lose little. I also keep adding in and testing the edge of my total risk allowed. I also get to chasing and then miss the best opportunities. PATIENCE!!!!

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Totipotent

I will not chase technical breakouts, I will not chase other people's trades, I will verify position size after placing an order, I will not risk more than 4% of my total portfolio. I will only take the best morning panic setups, I will not add in a third time if I am early on the entry. I will cut losses quickly if wrong."remember your goal is to trade well, not often"

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