top of page
Writer's pictureAnthony Speciale

Everything We Have Is A Gift From Our Lord ... 1 Chronicles 29:12

Updated: Oct 9, 2024

Speciale Analysis

Greetings,


Strength and Blessings from God


It’s important to remember where true wealth, honor, and strength come from:



As followers of Christ, we know that everything we have is a gift from our Lord.


He is the source of all strength and the one who exalts and blesses.


Trust in His power to guide and equip you for the journey ahead.


Be Relentless In Pursuit Of The Will 

Which God Has Set Upon Your Heart,

Anthony Speciale



 


Speciale Analysis

My goal is to motivate, educate, inspire and make a positive impact on your trading.  Whether you're brand new to trading, or you've invested years into the craft - 

I invite you to experience the Speciale Analysis Family of Traders difference!



The Importance of Winning Trades Outweighing Losing Trades


Welcome to today’s trade session recap. If you’ve been trading long enough, you know that not every day is smooth sailing, and today was a perfect example of that.


Despite a bumpy start, the morning evolved into a profitable one, and I’m excited to walk you through the trades I placed and the key takeaways you can apply in your own trading journey.



Early Setback: Managing the First Trade Loss


The session began with a setup that looked promising. I was aiming for a push under the rolling VWAP (Volume Weighted Average Price) into a specific level.


However, the market had other plans. After some back-and-forth, price retraced, and I found myself stopped out of the trade.


In hindsight, there was a chance to take profit or advance my stop-loss as price danced in and out of profitability.



The key lesson here is simple: losses happen!


You’re not going to win every trade, and that’s okay. What matters is how you manage your risk and whether your trade plan can weather these setbacks.



Bouncing Back: The Second Trade Win


After taking the loss, I didn’t sit idle. When price broke back down and retested a key level just above 75, I saw an opportunity to go short.


This time, the setup worked in my favor, and I was able to lock in a profit that more than doubled the initial loss.


The ability to recover from a loss and execute on the next opportunity is what makes a successful trader.


It’s not about avoiding losses altogether—it’s about making sure your wins are bigger than your losses.




The Power of Repetition and Discipline


One of the most important things to take away from today’s session is the importance of sticking to your trade plan. You don’t have to be right every time to be profitable.


In fact, you’re likely going to be wrong more often than not.


But if you can repeat your plan consistently and keep your losses small while letting your winners run, the odds of success will tip in your favor.



Over time, it’s this discipline and repetition that lead to long-term success.


Watch the Trades: Loss and Win


I’ve recorded both trades—the one where I got stopped out and the one that worked out.


In the videos, you’ll see how I managed my entries, stops, and exits in both scenarios.


By watching these trades, you’ll get a better understanding of the decision-making process and how to react when the market doesn’t go your way.



chart


You’re going to face setbacks, but if you manage your risk properly and stick to your plan, you’ll come out ahead in the long run.


Stay informed, stay focused and stay disciplined ! ! !



Thank you for reading, and I look forward to seeing you in our next session . . .


God bless, and have a wonderful day!


If you have any questions or need further guidance, please don't hesitate . . . info@specialeanalysis.com May the markets be ever in your favor!



Happy Trading,

Speciale Analysis



Anthony and Anna Speciale

About the Author:

Anthony Speciale is a seasoned market analyst with over 13 years of experience trading. Through his platform, Speciale Analysis, he offers in-depth market analysis, interpretation, and expectations designed to help all types of traders, at every skill levels reach their full potential.



Analysis, Interpretation & Expectations


Day, Swing & Position Trade Analysis


Daily LIVE Market & Orderflow Analysis




NOTE: Trading involves significant risk, and it's essential to approach it with a well-defined strategy and a disciplined mindset. This blog post is intended for educational purposes and should not be considered financial advice. Always conduct your own research and consult with a professional before making an financial decisions. For further risk related information, please refer to: www.specialeanalysis.com/disclaimer

18 views0 comments

Σχόλια


Ο σχολιασμός έχει απενεργοποιηθεί.
bottom of page