Trading Recap 14-June-2018
Been a couple of slow days in the last few nothing that really caught my attention. Entered long late day yesterday expecting an end of day run and trampling all over shorts. But that didn't happen, after the 6.50 broke there was a big stuff candle and I cut my position for a tiny win.
It's a fundamental skill in trading to recognize when you are wrong on the trade and to be able to take it off at that instant without "hoping that things might change", hope is not a strategy. I recognized immediately that my thesis wasn't gonna work out and I bailed instantly.
Trade well!