Took an NQ entry in front of open on a 30m DBD wick and there was NO CLEAN EXIT.
SHOULD HAVE WAITED for 2/5m
SHOULD have waited BEYOND the OPEN
30m BUY WICK in the WAY SHOLD NOT HAVE TAKEN this TRADE
START FRESH AND MOVE FORWARD for the DAY
2nd Trade was a 30/60m DBD wick the 60m had STACKED SELL WICKS.
This is a runner trade into the CLOSE of the day
I have EMOTIONAL CALM AND DISCIPLINE and I understand that this trade is WHIP BACK and FORTH
Hanging onto 2nd trade entry as a runner ~I locked in my original expense from 1st trade. I am trading this as a TREND DAY into CLOSE.
I will TAKE PROFITS at CLOSE of TREND DAY LOW
THIS TRADE REPRESENTS ONE OF MY BIGGEST WEAKNESSES TAKING PROFITS THIS IS A PRODUCT OF RISK AVERSION. I DO NOT LIKE TO RISK SMALL LOSSES OF CAPITAL YET I RISK MY GAINS AND GIVE THEM BACK
I HAVE A MENTAL HANGUP RISKING GAINS AND GIVING THEM BACK (trading 1 contract is foolish)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-09-29 09:30:17 | NQZ6 | sell | $4863.00 | short |
2016-09-29 09:31:47 | NQZ6 | buy | $4865.75 | 0 |
2016-09-29 10:02:14 | NQZ6 | sell | $4869.50 | short |
2016-09-30 11:01:43 | NQZ6 | buy | $4863.75 | 0 |
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