Bad news is that I lost today, good news is that I was disciplined and trading inside of set rules.
Just when I wrote this I broke my rules by having one more trade in which I get punished very, very fast. Still I'm going to stay with headline and will not kick myself over that. Before that last trade I was -18 full size pips and now -30 full size pips. The thing that I recognize now that it's important to accept the rules and that I broke them but that I'm not going now on revenge mission throwing all away.
OK, I had this triangle drawn, but I have something against TA because when it start to go as it suppose to I don't believe it. So I didn't short the brake, but I said to myself I will short the test of the line. But to get it short price got to go up there, so let's have a long scalp up to that line. Well as you can see my logic doesn't have firm foundation in this case. To make things worse, I lost all perspective of broken triangle and what is going on, I was just reversing my trades as momentum dictated me. But that whipsawed me a lot. Red lines are losing trades and blue is winning.
So that all eur/usd was half size and was in boundaries of my plan with -18.
Than I put momentum long on gbp/usd and got a nice loser very fast. Well I'm glad, because that trade didn't have a room to be put on with 4 pips spread on gbp/usd, I was breaking my trading plan. Better that I got punished than rewarded on that.
The best thing is that I recognize broken rules and will not now make things worse. That is nice rule also.
I kept cool and I like that.
In day like today when I trade really wrong it's great that I have decision of closing all when I lose my 40 half size chips. There is far more probability that I can do bigger damage than remedy things if I keep trading.
Also I can see that I feel pretty ok when I lose small half size trades and that I should go for more opportunities. Not only like today when I got stuck in bad mind frame to trade so much.
