@j_intradaytrade so true. love hanging with friends but they dont get the journey you're on and that energy can be a bit damaging to focus (even if they dont mean it).
@1Umairshaikh so true. i vibe coded a stock screener with my built in technical screener but it just made me realise: anyone can vibe code but what is the path to monetisation / commercialisation?
β¨TLDR β¨
- always follow RR rules so you dont feel salty
- follow management rules: hit 1R move the SL to breakeven **
- monitor active position on granular timeframes to catch wavers
- if it feels like over extension, it probably is (dont fomo)
- dont be afraid to cut losses.
Lesson:
- ok to go in but notice how it didnt feel like a B+ setup, maybe B or B-.
- granular monitoring of the situation when it is not going up
- don't be afraid to cut it early (i did good), this protected my month end bottom line. #1 job is to preserve capital.