When I was down last week or even last month, my emotions were lost into an abyss of sadness, and confusion. But now I feel a growth with in me, I’m starting to see my account just like I did when I was using the simulator (to an extend). Not really worried about the losses I have cause I know that these small failures are temporary. Today was for sure a lesson for my emotions and my trading strategy.
Lately, I’ve been focus my time and effort in the reversal strategy. The last two wining trades were a reversal to the upside. The stock was going down and I bet that it would start going up. Well, today I tried to trade the opposite of that strategy. Instead of going up, I was betting the stock was going to go down. And it didn’t go that good.
:-/
The top reversal strategy is one that I’ve never done. And even though it didn’t got well, I did’t quit the first time, or the second time, or the third time, or the forth time. Haha. It was the forth try that it work. Unfortunately, I was down $250 and I need the forth time I traded this strategy to work and bring my account to a break even.
