Chapter 2 Trading journal #39- 03/05/2019 -$169 “I know exactly what has happened”. Locked out by 10:15 am

Peter Skalon.eth
5 min readOct 29, 2022

Why?

  • First of all, what this stock did DSS — is completely in my playbook. I broke the rules not intentionally. I lost sight. Felt like these 60 minutes I was behind, and this feeling made me rush into/force trades. So, “Feeling behind” pattern. Solution? Do your mental exercise — there is no need to trade out of these emotions. It’s like fighting when you know you are poised to lose. It doesn’t work like this, If you fight, you do it, unless you are proven wrong. It also doesn’t mean you have to do it blindly, stay smart still, but get rid of this feeling. Stay tuned in.
  • Secondly, I was not listening to my opinion 100%, whenever someone was calling a setup. Instead of making my own decision, I felt inclined to just jump in. This is really bad to have in your trading. “Influence” (pattern) can’t be allowed prior to taking any entry. This always should be based only on my decisions.
  • Main mistake. DSS made a comeback in my playbook after this I wait for HOD (since if this is a comeback, buyers are in control> no need to be cannon meat). It also violated the money box. So here we are two red flags: V- reversal and Violated money box = the setup is invalidated. So Why The F jump in?????

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Peter Skalon.eth

Author of a web 3.0 edu project - 1000 day trading journey from 0 to $1,000,000. Ex prop trader. Marketing professional @ Cumberland LAbs - Web 3 Incubator