“Trading Psychology is BS!” The Undeniable Importance of Trading Psychology

Stocks Look Attractive – AUG 17, 2020

EVERY DAY IS A FRESH START

PREMARKET ROUTINE & THOUGHTS

  • Sort of a busy morning
  • Got plenty of sleep.. woke up earlier than usual
  • Meditation and brief yoga session
  • Feeling energetic and relaxed
  • I know the exact setup I am looking for. Need to take them all so I have some real numbers to go off before determining if adjustments need to be made
  • Let’s get it!

Remember the setup DOES NOT have to be PERFECT.

TRADING NOTES

10:08 – Looking at pivot at 252.00 – Placed limit order for the bounce. 1 contract

10:14 – Beautiful entry.. Just not enough momentum to keep pushing higher. Stopped out for break even

10:16 – Another bounce off 468.1 line. Wife is disturbing me 🤦🏾‍♂️

10:26 – Looked left to find motivation for that bounce. Basically price bounced off the pivot created by Friday’s high

10:30 – SIGNING OUT. TRADE IT EASY!

 

Rob

Mv3 Trader

“Great Trades Come From Within”

 

For real-time insight follow me on Twitter! @Mv3Trader

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