In this first video of a series I intend to create, I discuss where I went wrong on losing trade today.
I'm not sure if this trade will hit TP or not, but regardless, the lesson is still applicable for future trades. It's clear that a stop below the more significant swing low would have kept me in this trade but trying to squeeze out another R from the market was simply not worth it.
Reviewing losing trades is just as important, if not more, than reviewing your winners. We can learn from these trades and become even better.
Happy trading,
The Meditrader
I'm not sure if this trade will hit TP or not, but regardless, the lesson is still applicable for future trades. It's clear that a stop below the more significant swing low would have kept me in this trade but trying to squeeze out another R from the market was simply not worth it.
Reviewing losing trades is just as important, if not more, than reviewing your winners. We can learn from these trades and become even better.
Happy trading,
The Meditrader