- Trades and notes
- SOL long 182 -> 196, sold early, felt nervous JUP long 0.71 -> 0.62, no stop, hoped it would bounce ETH long 3980 -> 4120, held to my target BONK long 0.0000241 -> 0.0000214, bought after a big green candle SOL long 201 -> 189, moved my stop down twice
- What you want to fix
- Cut losses sooner
What I see
5 trades, and the most expensive habit is losses with no exit. Your average loss (−9.9%) is 1.8× your average win (+5.6%), and that gap is where the money goes.
The trades
| Trade | Result | Note |
|---|---|---|
| SOL | +7.7% | cut early on nerves |
| JUP | −12.7% | no exit, loss ran |
| ETH | +3.5% | planned and followed |
| BONK | −11.2% | chased the candle |
| SOL | −6.0% | no exit, loss ran |
Win vs loss
- Average win +5.6% over 2 trades, average loss −9.9% over 3.
- At those sizes you need to win 64% of trades just to break even.
Habits
- Losses without an exit. JUP ("no stop, hoped it would bounce"), SOL ("moved my stop down twice"). The market decided how much these cost, not you.
- Chased entries. BONK ("bought after a big green candle"). Buying right after a big candle tends to buy the local high.
- Winners cut on nerves. SOL ("sold early, felt nervous"). The exit came from a feeling, not a level.
Working
- ETH: a plan made before the entry and followed. That's the template.
- Your reasons are honest ("sold early, felt nervous"). Keep writing them; they're the most useful part of the journal.
One rule for the next ten
Write the stop price on the line before you enter, place it as an order, and never move it further away. Track two things: how many of the ten trades followed the rule, and your average loss. If the average loss drops below your average win, the rule is working.