I was over at my 'rents house for the week so I decided to activate my account for the while.. today being the first day I made my first trade after a long time and already made an old mistake. Honestly, it was good to take a break from the market 'cuz it can get really frustrating if you are losing money and can't find any way out. I wouldn't say I lost money everyday but everyday was or is another day and no two days are the same in the market so you need to always come with a fresh and open mind and forget the past even if you have lost a lot like my bruh over at HPT. I am no expert but he really needs to bring down his contract size.. many times when he has made money if you calculate how much net he comes out with.. it'll surprise you that given my commission rates he doesn't make much.
Anyways, today wasn't really a day to talk about 'cuz the market kept going up and down in a channel pattern and it was mostly sideways except one good move that I missed in the afternoon. However, I did catch on when the market was about to close I drew the Fibonacci and realized that the trend might still continue up and bought 1 contract with a $1.5 stop loss and when it broke the next fib level bought in another one.. alas it wasn't meant to make me money. The second contract ended up giving money back to the market. Should've been a bit more patient (hard to be patient when you trade after a long time). Anyway, I hope you all had a good time in the market 'cuz we all have a tendency to be happy when we see someone or something crash or go down the drain and that's what's happening in the market at the moment.
