September 8

I know what needs to be done. It's simply about patience and ignoring my fomo. I can't get rid of it, but I pause and choose not to act. Patience and a reluctance to trade have been the common theme during my good months.

I have to actually wait. I will wait. As I backtest it's always clear to me how it typically takes an hour for the move I'm anticipating to actually deliver.

Defer to the trend, then wait wait wait until obvious.

My goal today is to miss a level to level trade! That is very different than an oversized scalp!

Even if I do think it's obvious. It has to be obvious AND more probable. In ribbon entries are more probable to deliver the appropriate R:R.

Mission Accomplished. Missed one trade. Thought I was missing the next. Sized small. Added. Then held because the size was manageable. Also held while in the green. Solid trade. 30%! The size doesn't have to be large to make real money with 30%.

Just a matter of waiting for the 1-2 trades a day that have the potential to move that much. Which requires waiting until obvious. Even though this was only a 3 point move, my entry still rewarded me with enough because it was based on the 10m chart!

Wait until stupid obvious on the 10m, specifically in order to size small enough to not risk too much, while also gaining enough given the move is based on the 10m and not a quick scalp.

Wait, miss, wait, miss, wait, miss, if down where's resistance/sh? if up where's support/sl? scale in. Be willing to cut and re-enter.

Started to move down, lost the call trigger. Scary move back up, but unable to break the call trigger. I entered after two rejections of the call trigger, profiting on the mini move down. I held a runner which I stopped out of right before the beginning of the drop I was anticipating. The call trigger never broke so there was no reason to exit. The play was down to PDC and thats what we got. $2 to $8 400%.

Also, at the EOD we started putting in the beginnings of a W. The second dip put in a bullish engulfing tweezer bottom with just that as justification to enter for a move up to the call trigger again.

It always eventually becomes obvious but requires thinking I've missed the trade. Missed it again. Missed it again. I've got to wait until obvious. Otherwise there's really no point to putting my money at risk.