Long

Enter the trade too early, lessons learned, re-adjusting

Updated
Previous version is linked below.

The pattern got invalidated and my order is picked up 😅

Lesson learned
1. Place trade only if see confirmation, don't rush setting the limit
2. Readjust the pending order if the pattern is invalidated, so i'm not depends on small probability

I will create a Google Form using the following questions, and I will force myself to fill the following form before placing any order in the future.

1. What pattern is appear?
2. Do you understand to trade using that pattern?
3. Is pattern already confirmed?
4. How much your risk/reward ratio?

This will helps me to not rushing when order, discipline, and always plan ahead.

Always learning ✨

Trade active
Trade closed: target reached
WOWWW NICEE!
Chart PatternsSymmetrical Trianglewedgebreakout

Related publications

Disclaimer