Tested my system tweak today, I was upbeat and felt very smug before the start of the session. The session starts I put on my trades and the market pulls one crazy ivan after another busting all my positions. Thanks for that mr. market, trading is such a humbling experience. Despite all of this I stuck to my system and started cheering on the market to hit my stops on, I know it doesn't matter what I think but oddly it doesn't make me feel bad when my position is suck. Almost lost the trade by 1 tick but finally my profit target was hit. At least Mr. Santana & Everlast kept me in a good mood
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Ended the day with a loss, but still believe the system is sound, just misinterpreted market conditions.
One other dumb thing happened to me too: the mbt navigator is kinda clumsy when it comes to execution, so I sometimes put in a stop order when I'd wanted it to be a limit order and vice versa. I end up exiting when I wanted to add to my position and doubling size instead of taking profits, don't you just love it
. The only thing that helps is double checking.