So I booked a loss this week. Not a lot, granted but a loss all the same.
The sad thing is that it could've been a profit on the Friday because although I was down, I saw a pattern I had seen before and even said this out loud to myself. I knew what my action should be yet I froze and watched as sure enough, the market moved how it had when I'd seen it previously, yet I was not on board. I'd become gun shy, and for the sake of a measly stop of some 5 points. This will NOT happen again. I've promised myself no matter what my current status is.
I have to realise that I am just at the beginning though and this is just another experience I have to go through which will in the end make me a profitable trader.
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