There goes my 12 winning streak...lol...interesting how i just carelessly gave it away with that FAZ trade. But trading isn't about winning streaks, it's about having the right setups, the right entries, and most importantly the right mindset. Its just to show that without all these things or by just missing any one of the key ingredients, your trade will more likely than not end up in a disaster. For the record, the setup was wrong (i was buying at a lower high..wtf did I do that for); the mindset was wrong (I wasn't thinking clearly after a heavy lunch).
Maybe I was feeling cocky again. Maybe the market was grinding at my inexperience by constantly testing my patience (the market had been grinding mostly for 2 days). And that FAZ trade, the market had finally revived the fact to me once again that I was still a novice.
But somehow I'm feeling no pain after that loss. I actually feel a sense of relief because I knew exactly what I did wrong with that trade. And I know for certain how to prevent it from happening again. I'm feeling rather peaceful about it, not letting the loss get into my head. Maybe I'm finally on a different level of trading?
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