DislikedGuys, guys, I'm blushing here LOL, It's brought the account within a smidgen of starting balance, my timing was out and losses became a problem, last short of WTI saw me close at a loss only to fall 300+, the frustration of feeling robbed was unbelievable but I had to keep my nerve and carry on, as you do, it payed off though, luckily I have recouped most of the losses and will evaluate when I come back, I've opened the TE back up to give you an idea of the rollercoaster ride,enjoy, bye the way, was pipped for the island, some oil baron offered...Ignored
Or in your case... just check the broader picture or wait for some time, to see it in retrospect.. I am sure you might be good at something, the question is, what are you "designed" best for, by nature and/or by knowledge/expertise/passion etc... The basic questions you could start with are:
Did you get the DIRECTION right? UP/DOWN Did your direction started happening (as predicted) right away or with offset... can that offset stat measurable/estimated for future trades (my case in the beginning btw, when I noticed in retrospect that I "got it right" but with a few hours offset)? And how far your TP was till the potential one? Would your SL go through (meaning.. not hitting SL) if you would widen the SL or decrease the leverage... etc etc..
Hope I was of some help, some quick brainstorm BTW, when I started trading 10+ years ago I almost quit... because the first few trades didn't happen.. but then I check later.. and saw something like "wait a minute"... it did happen, just with a few hours/days delay... (depending on the selected move/amplitude aka PIPs...).
BTW same thing is when I trade different markets... have to get a "feel" or some stat.. to estimate the delay, because RARELY.. price goes EXACTLY and INSTANTLY.. at least what I have seen so far.. and I think I've seen some
AND ALSO! The last week, since 15AUG for example.. market was in somewhat STALL.. due the "obvious" reasons.. all eyes on POWELL/FED... I thought the market will get release on Wednesday... it didn't... in fact it was on almost FULL BRAKES quite some (relatively... about 2 hours, depending on the market) time after Powell began speaking on Friday...
Can you afford to take that chance?
SINGLE STRIKE, EPIC PROFIT (500% return) Return This Year: 500.3%