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Cready Trades

3/28/23 Losses Are Part of Every Winning Equation

As traders, we have to be adaptable and flexible when it comes to dealing with unexpected challenges. Unfortunately, I am still feeling the effects of the illness I suffered over the weekend, which has made trading more difficult than usual. Despite this, I still managed to take a few setups today, although they were not the most ideal trades.

To start off my day, I experienced some internet issues during market open which caused me to miss the Nasdaq shorts that I had been waiting for. Rather than chasing those trades, I decided to look for opportunities elsewhere.


Luckily, I was able to spot a nice long setup on US30 from a Fibonacci level. However, the rise was short-lived and I made the mistake of scaling in when I should have been exiting for a scalp, which resulted in a few losses. Overall, I ended up closing the standard 50k challenge down by 1.5%, but I remain confident that I can recover from this setback.

Later in the day, I switched over to a different account and took a handful of scalps on the Nas100 and US30. Despite the earlier losses, I was able to close out with a small gain of 0.3%.

While it can be discouraging to experience losses, it's important to remember that they are a natural part of the trading journey. Instead of dwelling on mistakes, it's important to learn from them and move forward with a positive attitude. Although I struggled today, I remain committed to my trading goals and confident in my ability to bounce back.

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