1. I made a rule that I would not lose more 1% of my capital on any day. If I lost I was supposed to stay out for the day.
2. I lost more than 1% and trading 0.5% risk/trade, and then decided to stay out.
3. Immediately, I see a big bar down, then break my own I decide to come back and take 0.25% risk/trade.
4. Kele a chilka behavior and keep on losing. Could not capture the down move, as it was not as smooth as I would have liked, and my SL keeps getting hit
5. I keep thinking Kele Ka Chilka... Kele Ka Chilka. Since I keep slipping on the down move and down move is not smooth, I keep hoping for a reversal. I take reversal trades and keep slipping.
6. Then suddenly, I get a reversal move and pile on. I am happy.
7. I am happy. Take on unnnecessary risk, and give up some of my gains.
With brokerage, I am sure it will be a negative day for me.
Ok.. load off my mind... If you are confused by this, just think how confused i myself am...
