A Better Trading Day: Update 1

Today I was committed to adhering to my rules and trading what the market was willing to give, without risking too much of my profit. As I ...

Today I was committed to adhering to my rules and trading what the market was willing to give, without risking too much of my profit. As I type this, the market is rising past my previous exit, but that is ok. I'd rather take pride in trading well for a profit on a consistent basis than trying to squeeze every drop of juice out of the market. We all know how over trading can turn a profit into a huge loss.

Better trading ahead!

Lot Size: 2
Wins: 1
Losses: 0
Win%: 100
YM: $252
Total: $252




Update: 


A huge up day, it would be easy to say that I left a lot of points on the table. As a professional trader, the emotion of regret is a what causes over trading, giving back losses, in exchange for a massive loss. Unfortunate for the traders who bought the YM at a high and were stuck in their position hoping for it to reach a new high, I easily could have been stuck in a trade/loss if I would have jumped back into the market.


Better trading ahead!


YM






YM update: An exercise in sitting on my hands.






COMMENTS

BLOGGER: 3
Loading...
Name

A+ Trading,3,Better Trading,14,Blog,32,C- Trading,1,Cartoon,1,Chop,2,CL,7,Comic,1,Congestion,1,Cool,1,DIA,6,Easy Trading,2,ES,2,ETF,1,F- Trading,2,Futures Trading,5,Good Read,4,HE,1,Headlines,9,Info Graphic,1,Leisure,3,Long Term Option Strategy,1,Mental,1,Method,1,Money Management,2,News,1,Office,1,Old news,2,ONE,1,One And Done,1,Options,2,Psychology,2,Pundit,1,QQQ,1,Quotes,3,Sim Trade,1,slider,1,SPY,1,sticky,1,Technical Analysis,31,Thought,3,Traders Tech,1,Trading,8,Travel,2,Trend,1,Trin Café,1,Video,1,VNQ,1,XLE,1,XLF,1,XLK,1,YM,3,ZC,2,
ltr
item
TRIN Café - A day trading for a living blog: A Better Trading Day: Update 1
A Better Trading Day: Update 1
https://3.bp.blogspot.com/-cGtP1zwuTAc/WPjDsuRiAUI/AAAAAAAABD4/D4KPQ-Zp45wGk6YWjXfSLqeYx4kuwUSvgCLcB/s640/YM%2B06-17%2B%25285%2BMinute%2529%2B2017_04_20.png
https://3.bp.blogspot.com/-cGtP1zwuTAc/WPjDsuRiAUI/AAAAAAAABD4/D4KPQ-Zp45wGk6YWjXfSLqeYx4kuwUSvgCLcB/s72-c/YM%2B06-17%2B%25285%2BMinute%2529%2B2017_04_20.png
TRIN Café - A day trading for a living blog
http://www.trincafe.com/2017/04/a-better-trading-day.html
http://www.trincafe.com/
http://www.trincafe.com/
http://www.trincafe.com/2017/04/a-better-trading-day.html
true
4387547293353613323
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy