I started this week off with a solid +6%, and by the end of today, it turned into +2%. What happened?
I ignored one of my rules which was to stop trading when I know it’s not the best environment to do so, when my odds of winning greatly decrease. My goal at the beginning of the week was my standard one: to make a 10%+ gain. By mid-week the goal was only to end the week positive (and I met it), however, I am grossly dissatisfied with my own performance in the second half of the week. Needless to say, that’s what happens when you get homo’d and you don’t move out of the way.
The difference is that I caught the mistake early while others were trading their way to “Skid Row” in LA. Trust me, you don’t want to end up over there:
I am gonna drink to a kick ass next week. Have a great weekend!
UPDATE: ASIA Trade
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