101907 - SNDK - 5mins - Gain*Paper

Symbol: SNDK
Type: Short
Result: Gained +2.77R

• I wanted to enter Long when prices first broke under the Opening Low
• But I though the 5eMA was too far away, and therefore, I waited
• The prices started to retrace, and posted several NR7s
• The 11:25 bar even formed a NR7 + Inside Bar
• I entered Short when prices fell below the 11:25
• My target was the 119%
• I did exited half my position only when the prices reached 119% the first time
• But I told myself that I want to secure the winnings, and therefore, I decided to exit my entire position a few minutes later
• The thing is... I wonder on a down day like today, how significant is my training/winning?
• It's almost like... pick anything and it will drop!
• Now I know why one is supposed to take notes on the overall market mood in the trading journal as well