King W. Harbmayg's Journal Entry #15
Day Position
Long—
according to my criteria, price has successfully:
a. triggered the lower coordinate
b. tapped into the demand zone
c. printed rejection structure
all for a trade of 1:5 RR.
2. Performance: (1 out of 5)
Confidence— 5
Discipline— 5
Communication— 5
Day Position
Long—
according to my criteria, price has successfully:
a. triggered the lower coordinate
b. tapped into the demand zone
c. printed rejection structure
all for a trade of 1:5 RR.
2. Performance: (1 out of 5)
Confidence— 5
Discipline— 5
Communication— 5
Trade closed: stop reached
-500$
4. Improvement:
My soft entries must always begin at a single standard lot size and then the rest of the size can be entered into the collective position. This will maximize my risk management while gauging the market's ulterior intentions.