It was definitely not time to be selling. Thankfully I had closed my questionable Bolli Bands trades for small loses, but I seemed fixated on sells – even though I was long two
- The ON move had retraced to just below 61.% and made a rapid reversal.
- The market was above CBOL and staying there without a problem.
All of this point to a preference for longs, not shorts.
I can see by my behaviour here that I am furious and wanting to be right – so of course, I missed the long – but I cannot remember being aware of those feelings. This is an often repeated pattern: I lose 3 or 4 trades in a row and am clearly revenge trading but not aware of it. Same as here Going into battle with a level