Rough Friday

Well, Friday was a tough one. I made the changes I wanted to make for the day, took my time, and started off on a good note. I was fairly patient, and kept my losers small. I managed to get up about $800 by lunch time, and thought I would call it a day. My worst case scenario was that I lose the $800 and walk out even for the day.

I wish that was what happened. I lost $1900 very quickly, making 12 losing trades in a row. What a disaster. I traded the money, chased the money, and put no thought into my trades. Basically, I kept chasing the last up move, and I kept buying highs, puking the trade and reversing, only to be pissed and buy the high again. Ugh. I made 32 trades, and I would say that I put almost no thought into anything I did.

Now the worst part is, I had all weekend to think about it. To think about what I did wrong and what I need to right.