Trading · 67 / 86
Size, stops, and the journal
Size is a number you write before the story gets good. A stop is an exit you wrote before. Hope is moving that exit because the price disagreed.
The number
Write the most you can lose on this idea, in money, before you look for a clever entry. The school does not pick that number. Adding more because the chart looks better is the habit to refuse.
Ten lines
What you believed. What you did. The size. The fees. What would prove you wrong. Memory flatters you later. The page does not.
A stop you move further away is no longer a stop. It is hope.
Check yourself
Is a stop you keep moving still a stop?
No. It has become hope.
After this you can write the loss and the fees before the click, in money.