Trader Lab
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Short Term technical analysis and Trades Setups ONLY!
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I will announce next week a new platform where I will be sharing/posting and reviewing my trades. This channel will be only sharing some Twitter analysis and other blog posts coming in the future. That's the best option I found to really separate trading from analysis and also narrow down my audience with those who are motivated.
I'm also announcing my return to COPY TRADING next week after 7 months break for the third edition and it won't be on Bitget.
Stay tuned
Definitely should have waited for the afternoon session for a better entry. Almost got stopped out. IT looks like a wave 2 is unfolding.
My initial thought was that we could have been in a more aggressive V shape recovery
Wave 5 are usually quite SWIFT and this all move could take place quite fast if it plays out.
Looks quite promising now! Let's see if we can an acceleration with a bit of a FOMO
Moving my SL because if we get back down (irregular correction or wave 2 not over or something else) I'll probably get stopped out.
By reducing the risk I allow myself for some room to re-enter later on.
I will be looking closely at the afternoon session as I might add to my position if it goes my way or get stopped out and re-enter
Moved my SL just above the end of the wick.
No touching anything anymore.
If the trend reverses against me then I'm fully accepting the loss. Best losers win in this game.
I have reduced my risk by twice by being proactive and thinking that I might be wrong all the way.

This is how a trader should think.

No the other way round.

Most traders think : 'How much I will make on that trade'

But they should should focus instead on 'how much I will lose' if I'm wrong
Lost all my trades today! GER30 EURUSD and now BTCUSD
Love it!
Not going to force another trade today. When you are on a losing streak you need to know when to say stop. I know that this small losing streak is part of doing business.

It also won't affect the outcome of a 100 trades if my rules are well respected.

I take a 0.5% loss today on the BTC Account. My tilt limit is 2% but I will pass today.
Didn't wait for a Break of structure on the DAX
This looks like an irregular corection