What did I finally learned from business yesterday?
I lost all three trades that I took yesterday. To be more specific, one was at breakeven. Now, what did I learn here?
Mistakes I made- I took a trade with daily pivot keeping ahead as major support (Short trade). In another trade, I kept my SL too tight, not following the strategy. In more than one trade my exhaustion candles were not typical exhaustion candle. I pushed myself into the trade after being on the sideline for some time.
So, proper exhaustion candle, proper set up and proper SL & TP. I’m sharing these publicly for two reasons. One, to help the readers learn from my mistakes and two, make myself following the rules by not making the same mistakes again as everything I’m doing in public.
I’ll go through the strategy again today. Hope to see you next week some good trades.