SIA's Trading Journal - 2025
Trade TP-ed. This one is an interesting one, I initially placed it at 1:2 R:R, but noticed a strong layered resistance forming. after price retraced strongly towards my SL, I adjusted my TP to 1:1 instead of early exiting, price almost touched my SL before heading downwards my revised TP. Let’s do this.
Trade SL-ed. I entered a market execution order for the 1st time in weeks, and I regretted it. Setting up limit orders with expiry times and TradingView alerts does so much better for my mental state. Wanted to rush into another trade immediately, stopped, journaled down this thought, going to grab a drink and reset my mental state. No more market executions for this system.
Trade SL-ed. Controlled the urge to early TP and partial SL. Is it truly a win for the trading system if an early TP was called? Or is it an erosion of the belief in my trading system with a partial monetary reward? But at the very least, I wouldn’t have placed a buy order at this price level anyway. I consider this a mental win.
