How my day "used to" be as a trader when I "used to" have NO TRADE PLAN!
I have taken an example of Friday BNF.
I had committed these mistakes but repaired them immediately!
What lesson I learnt is depicted in last tweet of this thread.
Let me know if you can relate it!
At start of day I saw 2 big Green Candles & made view as Bullish
But, avoids taking trade as I just read that only amateurs trades in first few mins
Now BNF starts turning, I get 1st sign to Short
But didn't enter as my view was bullish & hence waiting for more confirmation
After that I see BNF keeps on falling. Now I realised, I should have shorted at first sign only and starts regretting.
Now, I am having a fear to enter now and hence avoids entering.
Convinced myself that I will short whenever I see a retracement and continues to watch.
Time is already 11.30, People on twitter already started posting SS
Now much awaited retracement comes Up
Now I start doubting if I should enter as I can see Nifty has already fallen a lot, ppl have already booked their profits & posting SS
Again Not Entered & still waiting 😐
Now I see Nifty again started falling.
I again started regretting "Why I did not enter on retracement"
And Finally with all the Regret, Frustration, FOMO entered Short on Break down of day Low.
Already exhausted with all those feeling & now just hoping it will keep going down