1. Talk about trade I took today. Trade aligned with my system. But I broke my rule of “IF first trade is red THEN no more trades for today”

*** Notice that every time a proper setup gets stopped out, the price ends up being difficult to read for that 4h candle.*

1. Create a check off list that you can include in your trading journal.
   1. What triggered tilt?
      1. First trade being a loser, I broke my rule of “IF first trade is a loser, THEN no more trades today”, I kept looking at the chart and forcing a “potential” setup.
   2. What thoughts/emotions did you notice in real time?
      1. Thinking that I’m getting farther away from a payout, if I just take a loss for the day that’s a missed out day that “could” be green and get me closer to a payout.
      2. I didn’t want to disappoint anyone around me, so I kept thinking if I just end up green for the day, then I won’t be a disappointment to not just myself, but people around me.
      3. After my trade got stopped out, I kept thinking to myself “oh okay, if it goes lower then we can still find an entry there” and that’s how I kept convincing myself that there was another entry present and the first trade was just a miss.
   3. What could you have done differently?
      1. After the trade got stopped, the first thing I should’ve done is closed the charts and accepted the loss. I understand that losing is a part of the game.
      2. Detachment from outcome, and complete focus on the setup. Was there possibly something present in price that invalidated my first trade? Why did I get stopped out? I should be asking myself that and analyzing price.
      3. I could’ve waited and sat on my hands, patiently, and waited to see if possibly price might want to offer another entry with a different PDA. If it did, it doesn’t matter because my first trade was a loser. But even if it did, I could’ve just watched and learned and journaled it anyway. If there wasn’t one, then I could’ve just closed off the charts and waited to see what 2pm has to offer.
   4. What can you practice to become better with controlling yourself when your first trade ends up being a loser?