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TRADING BLOG EP. 39 - GETTING LONG TOO EARLY

In today’s trading session I ended up taking 2 buy positions. One of them turned out to be a loss, the other was a winner. They were both the same setup, but the first entry was a bit poor. I got in too early before the actual move happened.

The first loss probably could’ve been avoided as the market didn’t trade into my level of interest, so I shouldn’t have taken that trade. However, the orderflow was very convincing and tricked me. So I took a loss there, and got right back in once I saw the market tap into my level.

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