Thoughts on a Day that could’ve been!

Well yesterday was an interesting trading day for me, full of fun and learning as I improve my trading!  And it could have been a $1,000 day!

A steady morning saw me make approx $400 in profits and that included losing money on an oil trade because even though I knew there was going to be an oil industry update I forget to move my stop quickly enough. 

But just for fun I took a note of the ones that got away.  I don't obsess over woulda, coulda, shoulda but logging and learning is all part of my trading journey.

So here's what I missed (all in all about $750!): 

• 3 Oil trades with Inteligex signals worth about 100 points. My rationale for not taking the trades was two fold: I thought that the price was heading towards the purple SM and I had a bit of indecision as I was waiting for a pullback that didn’t come so missed the entry
• Two NQ trade signals for 37 points which again was down to indecision on my part

What did I learn:

• Trust the system - it works!
• Believe in yourself - take the trade without overthinking it, or talking yourself out of it
• Maximise the trades that are taken, I am personally exiting too early when I should let them run to their indicated targets
• Make sure that all news events and announcements are checked and duly noted

In hindsight it was a slightly annoying day but it wasn't stressful.  By following the Inteligex Trade Signals and Indicators I know I am getting high probability trades that I can run for a profit.

And the picture above?  That's me trading on a train!  For me it's any market, over any time frame, from anywhere!