If it isn't tragic it would be comic
I don't know what's there in human psychology to play out like this. Inability to just follow the price on a day like this is crazy. As you can see my first trade was in good direction but I closed it after 3 pips or so. Then I somehow started to chase opposite direction in eur/jpy. Crazy 100%. When I'm in to it there isn't easy out.
I'm glad and it is mini victory that I didn't go for break even but I settled for reasonable loss. Minutes before I was 120-130 pips in red for a day with 60 lost in first set and too early entry in second.
I experienced all of this before, it's nothing new but it always surprise me. I'm talking about my actions, fighting strongest trend and just making open loss larger by not closing the trades. Why am I not closing them? Because loss is too big, and by that I'm getting loss even bigger.
It's a shame that I didn't make money today. I don't feel anger just a slim hope to lose this kind of behavior in a following occasions.
-26 pips


I believe that it all can be summarized in not following my own trading structure. I forget that I'm scalping and I look too much for what is going on at the bigger time frames. Maybe I even abandon scalping because I expect to make much more with other ways of trading. It's just my mind playing tricks on me. It's like I feel I'm not supposed to scalp at all and that trading is in big swings. Especially in volatile market with big swings scalping is like something inferior. So I start to think and second guess a lot because "it can't be that easy" and just follow the price.
I'm glad and it is mini victory that I didn't go for break even but I settled for reasonable loss. Minutes before I was 120-130 pips in red for a day with 60 lost in first set and too early entry in second.
I experienced all of this before, it's nothing new but it always surprise me. I'm talking about my actions, fighting strongest trend and just making open loss larger by not closing the trades. Why am I not closing them? Because loss is too big, and by that I'm getting loss even bigger.
It's a shame that I didn't make money today. I don't feel anger just a slim hope to lose this kind of behavior in a following occasions.
-26 pips
I believe that it all can be summarized in not following my own trading structure. I forget that I'm scalping and I look too much for what is going on at the bigger time frames. Maybe I even abandon scalping because I expect to make much more with other ways of trading. It's just my mind playing tricks on me. It's like I feel I'm not supposed to scalp at all and that trading is in big swings. Especially in volatile market with big swings scalping is like something inferior. So I start to think and second guess a lot because "it can't be that easy" and just follow the price.
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Better
Better trading but plenty of potential left on the table. On that eur/usd average trade I was really testing myself will I close on time if it goes against me, almost that I wanted for it to go in a loss.
+24 pips

+24 pips
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Burned
Such bad trading, unpreparedness and disrespect for risk. Awful. Instead of stop I add position with a thought if it goes any further I close both. It went further, again I open another short and think that if it goes any further I will close it all. Slow day with UK holiday and me doing stupid things in a day that's far from ideal for my kind of trading. I could close first two position with a small loss. No. Now I have ten times bigger one. After it I open revenge trade in eur/jpy and lose some more.
Irony is in a fact that I opened first trade as a scalp to see will it go my way, when it didn't instead of closing it I did all of this. So stupid, knowing that I'm doing a mistake with each tick against me and refusing to trade properly.
Well averaging can't save me every time, sometimes it burn me, than I can see how problematic is getting used to trading like that.
After I wrote post I had another trade in gbp/usd with 3x size, luckily positive one so I cut my loss from -76 to -50 pips. I can't say that it's a good trading because I'm to emotional for trading now.
-50 pips


Irony is in a fact that I opened first trade as a scalp to see will it go my way, when it didn't instead of closing it I did all of this. So stupid, knowing that I'm doing a mistake with each tick against me and refusing to trade properly.
Well averaging can't save me every time, sometimes it burn me, than I can see how problematic is getting used to trading like that.
After I wrote post I had another trade in gbp/usd with 3x size, luckily positive one so I cut my loss from -76 to -50 pips. I can't say that it's a good trading because I'm to emotional for trading now.
-50 pips
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