Mistake: hahah well shouldnt be shorting the frontside. Thats it. Dont do that shit. At least you only shorted today but you also missed the best short of the day cuz u anticipated the entire frontside. Couldve just waited for the 8ema break and taken it on in those areas and could have sized in huge but nope. Really fucked that up. Trading is hilarious cuz I make all these rules yesterday and figure out so mucha bout my trading then today I basically forget the golden rule of shorting, never short the frontside. oh well,
Solution: idk just let time take over at this point. maybe you need to just stop studying, stop giving a fuck, so much that you genuinely do not fucking care if you make or lose a million dollars. need to transform my idea of success from P/L to how well I have followed all of the rules I made for myself.
Rules:
1. Dont Fight Micro Trend
2. Dont Fight Daily Trend
3. Control Emotions
4. Hold for Target Price
5. No Greed
Now I am adding this rule to the list since I clearly forget it constantly lol: 6. Never Short the Frontside
The Frontside can be deemed (any time the SPY is above the 8 ema. Best entreis for backside moves are when the 8ema breaks (first entry) then once the 20ema breaks, (add)