Chapter 1 Trading journal #29- 02/19/2019 +$75 “Fight for every penny. Need to repeat tomorrow”

Morning Talk

My main goal this week is to stop trading out emotions. In order to do so, here is this morning’s talk.

• I’m trading not because I like it, but because I do not want a real job. And that’s how I want to make money
• Trading is my responsibility to support my family, not my emotions.
• In general this pattern, “Emotions over Money” has to stop.
• In order to do so, I will not short the bottoms, I will not trade after 11:30 am unless the R/R is great and this is an A+ setup from my Playbook, I will do mental checks with myself every 30 minutes, I will step out and take breaks in between the morning, afternoon and close sessions. I will keep my Tier size 1 to 300 shares this week and will work with this size only, thinking about every move I make, and exiting when a stock signals me to.

Add to Setups: SKYS, IDEX, UXIN

PNL

Overview:

• Today I was very hesitant to risk a lot of money. To be honest it feels like I was risking maybe $10 max on the trade. So what really helped me, is that my starting size was 150 shares. That’s good behavior I need to reinforce. This is the main goal of…