I guess I knew it was going to happen. Today it did.
Why did I know? Well, it's nearly impossible to win 100% of the time. In fact, I'd like to meet the guy that has never lost. :)
My trade today opened a whole pot of emotions that I am just now coming to grips with:
Sheer Elation - The feeling I had when I won my first trade in just seconds. I was on cloud nine and was even giggling to myself in my office at 6:30 in the morning. I had effectively carried out a SO2 Target Trade. I was thrilled. I got 2.0 points on 6 contracts and 4.0 points on 1 more.
Confusion - The feeling I had when I didn't know if I should stay and trade a correction or just walk away. This feeling lasted for two or three minutes while I was waiting for 6/8.
Anxiety - The feeling I had when I got in to a correction trade. I was only going for one point. I was sure it was going to be great!
Total Dismay - The feeling that came when the market went totally against me and I was in a losing trade.
Depression - The real depression hit when I had "stop lossed" out of my trade and the market turned down only to go past my original profit target. Total depression.
After that - everythign was a blur. Until I composed my self and realized that while I had lost money, I had not lost everything. I have an amazing wife and four beautiful kids. I have a nice home and food to eat. As I keep counting, the blessings keep appearing.
This is just a temporary setback. That is all. I am very confident in my abilities to trade and trade effectively with Market Mover Trading. I have only lost one trade in the last three weeks (today). I am definitely up for the week and month and year. So I can't be anything but grateful.
Going forward I commit to sticking closer to my rules - and even making new rules that will make me more successful in the long run. I commit to being completely honest with you about my trading experience. And, I commit to always looking to the bright side of things.
That's all for now. Have a great weekend!
P.S. We rushed my son Nick to the E.R. last night because of severe pain in his abdomen and shortness of breath, fever, vomiting. The whole nine yards. The diagnosis - full blown pneumonia. We got home at 1:30 AM. Thanks to one particular neighbor whom we appreciate so much for coming and staying at our home while our three other kids slept.
I hope your boy is okay.
ReplyDeleteI enjoy reading about your trades. I'm glad to see you're doing well (mostly). :-) Keep it up!
Thanks Clint. Nick seems to be doing fairly well this morning.
ReplyDeleteBy the way, my weekly stats are 8 Wins, 1 Loss, up 3.0 points. Even WITH the 5.75 point loss this morning.
Kevin
My trade was almost exactly like yours. I made 2 pionts on the way down then got in on a sell at the bottom and lost 6 going up because I didn't have my stop loss in. And it is exactly because I got too excited and re entered when I should have waited like we are taught. oh well. better luck next time.
ReplyDeleteThanks Jared. Birds of a feather...
ReplyDeleteNow if we can just follow what we're taught! :)
I will be seeing you next week in Idaho.
K