Still Reacting Emotionally
I've been working on adjusting my mindset to be more methodical with trading and not react as much to fear or greed, but I'm finding today that fear still holds a grip on my decision making process. I identified a superman entry point on a short position today that I didn't take because the price was moving in a very narrow band when I was looking at the trade. I had everything set up to enter the trade but I started second guessing myself because the price started to move up. It never actually got close to where I had plotted my stop before it turned around and dropped down past my entry and never came back up to meet it. Looking at the chart now it is far bellow my plotted profit point and I'm kicking myself a little bit, but lesson learned (hopefully). Leave emotion at the door and EXECUTE on the plan, win or lose.