Hey,
I just put on my first real money trade! Yes!
I missed a few trades in the past few days because I'm getting very nervous about entering and I always want "another confirmation candle" and then I was just seeing the market going without me with a huge candle, getting pissed and harming my psychology, and thinking now I don't want to get in because I don't want to chase.. So basically I was kinda in an paralysis by analysis situation.
Anyway I finally said screw it, let's do it even if with a little kid's position to start building confidence and a trading performance journal.
Let's see how it turns out. What do you guys think about the setup/entry?
Cheers
Nuno
I just put on my first real money trade! Yes!
I missed a few trades in the past few days because I'm getting very nervous about entering and I always want "another confirmation candle" and then I was just seeing the market going without me with a huge candle, getting pissed and harming my psychology, and thinking now I don't want to get in because I don't want to chase.. So basically I was kinda in an paralysis by analysis situation.
Anyway I finally said screw it, let's do it even if with a little kid's position to start building confidence and a trading performance journal.
- Trade:
EUR AUD 4H
Swing Trade with break of SMA with strong bearish momentum
Hit a local flipzone area but didn't break it though I figured that with such bearish momentum the break of SMA would suffice
Let's see how it turns out. What do you guys think about the setup/entry?
Cheers
Nuno