This week, I decided to write a single entry summarizing my overall performance rather than documenting individual trades, as I missed taking a screenshot of my executed trade. Reflecting on this oversight, I realized how crucial a detailed trading log is for analyzing my performance and improving my strategy. Today, I took my first trade of the year on GBPJPY, placing a buy limit in anticipation of a pullback to a demand zone and Fibonacci retracement levels after a breakout earlier in the week. Despite aligning with my strategy, the market moved with unexpected bearish momentum, triggering a swift stop-out. This highlighted the current volatility and the need for extra caution in uncertain market conditions.
After considering this trade and the mental toll of the week, I decided to step back from trading for the remainder of the week. This decision stems from the realization that exhaustion clouds judgment, making it harder to assess opportunities clearly and confidently. Instead, I’ll use this time to rest, recalibrate, and ensure I return with a sharp focus and better discipline next week. This experience has reinforced the importance of patience, self-awareness, and the value of pausing when necessary to maintain long-term consistency and success in trading.
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