Overtrading

My 5' clock session. Two good trades and then five unnecessary ones. I had all the pips i needed and then I continued, to follow price further down. Consolidation gave minor losses and more conmmission expenses.

The only ennemy of my method is named  overtrading. Overtrading means gambling attitude. The ennemy is inside me.

Morning

Hesitation

A good start of session and a mediocre finish. The 4,4 pips trade was late entry, due to my hesitation. The last one was impulsive, closed in time..

Cautious

Post-FOMC

The trend was strong but this is easier to confirm afterwards. When in action, and because I trade with big lots, I prefer to have tight stops and multiple entries/exits. High volatility means also deep retracements. I can't afford to go long and then get a retracement of 40 pips in the face, praying for the price to go up again. Act like a sparrow: one little piece at a time, again and again.