Yesterday was another repeat of the day before. I got into an all day waiting game for the market to come back to match the trade I made early in the morning. I waited till one hour before the close! I finished the day in a 3k profit, but my lowest point in the day, I was down over 10k, which in an evaluation for Prop Firm funding, I would have blown the account.
Looking at the day as a win doesn’t feel right, because of the negative numbers I went into. I shudder to think that the market would have never come back, even on this sim account. After work, I pulled up a few of the day traders I trust on YouTube and watched some more videos on strategy, back to basics. I need an “edge” that I can trust, for now.
I still feel Double Down can work, it did at the beginning. I’ll just need to be more cautious with it. Sim trading is turning out to be very eye opening for me, which is the fantastic part of this whole journey. Every bad/good trade I take, opens me up to all of the possibilities of what can happen during trading.
