First live loss

Good day all.

I have been live for 3 weeks now and I felt that I should post my first loss for anyone new or on the fence about going live. It took me right at a year of repeating training and boot-camp videos, I was 6 months in before going into the live room, very much because when I did I could not follow it because I needed to spend more time in training so i did. The first two months of going in the live room (7 months in) and practicing on the simulator was not easy and a definite learning experience but Will was very persistent and a much better instructor then others out there trying to sell their platform.

All this time i have been listening to 95% of all traders fail, Your first trades will fail you will lose money and it will discourage you. It scares most people out of it all together. I have been profitable on my first 5 trades and my first loss was only $150.00 all my profits have been $400-1000. So (what I felt) losing for the first time was a heavy weight being lifted off my shoulders as I have been doing what Will has directed me to do and its going just like it should. The lose was a great learning tool as I see that I entered on the 30m chart and I only had $150 at risk for a 3-1 and I thought about that when I placed it. I though I was not giving it enough room and sure enough if I had given it $200 at risk I would have filled at my target, I could have even pushed the target up and looking at it now I would still be in the trade. Mercy,,,,,,,,,,,,,, lesson learned. My mistake was entering the ES around 10:30 on the 30m chart if I entered right at the break of that trend line a little earlier I would have been good with even more of a profit. But I entered just at the little base after the trend line break and rally at the short demand zone that formed.

And again I am sitting quiet waiting for a big turn but I cant pass on these high probability intra day trades I can not believe how clear all this has been coming together since Will came back from vacation and changed my mind set and stopped spending so much time on scalping that we all were pushing him to do. My new favorite quot ( STOP IT ) lol. I now see that we can make some good trades waiting on the turns without trying to scalp at every chance. I now look at so many scalps that a few weeks ago I would have taken and failed and now I spot it and say no (just stop it) this level will fail and sure enough they do.

I keep forgetting about the micro since I am more interest in making a full time thing out of this but from here out I will use the micro as my simulator as I missed a great opportunity last night on the NQ that was a very good short term trade but i executed on the simulator as I was questioning myself but after seeing it work out and looking back at my reason for placing it I see that I am getting much better at this then I thought and I am looking at these trades the way our Coach preaches to us 3 days a week Thanks Will.