- I am getting more and more confused why I am not holding and not trading the continuation when I know its going to happen. I think just from noticing liquidity levels alone I would already make my trading about 2x as good as it used to be which still isnt saying much lol. I knew that once we hit the SSL in premarket and we broke up big at the open and then all internals were moving slowly higher that we were going to eventually take out the BSL at PMH. I got in 2 times for that move and somehow only walked away with a 1 contract 5 point trade which is not enough. Perhaps I am oversized that I am so terrified to trade but I think I am just so conditioned to losing when I take a trade that I am just so used to it and I really dont know how to behave even when I am correct on a trade. Its really tricky to find that balance. I need to be able to make sure that I am okay with using the size I want to use which is still only 2 contracts but if its going to effect my trading that much to the point that I dont even take any trades and I am terrified then its not worth it. I think maybe im not "terrified" per say but I am very very very cautious. Not sure if that is a good thing or a bad thing
- In premarket we did a clean change of character so I marked the last red candle as an order block then I noticed we hit the PDC as well as an AH low from yesterday that wouldve worked just fine for a SSL reversal attempt. At the open we break up pretty fast to 4416 and I wanted to get in for the draw to PMH which was the most likely BSL spot. That was about 10 points away and I was entering the whole way down at 4415 and somehow I only walked away with a super small win with 1 contract 5 points. Those 2 candles on VOLD that flipped back red really freaked me out but the OP is the most important factor and I was kinda neglecting that. ADD was up so strong and used OP as support to continue higher. Where could I have gotten in for the move to PMH?
- I should have been accumulating here above the OP with a stop below that previous low which (if I had really good entries) wouldve been about a 5 point risk. Then my reward wouldve been about a tad over 10 points. I need to start trading like this more and stop being so scared to hold for things that I am somewhat certain will happen.