
Was confident this would blow past the 1.00$ mark and continue on. I set a mental stop loss at 0.93ish and aimed for a 1.05ish sell mark which is a 3:1 risk reward. HOWEVER.... it went to 0.97, encountered lots of large sellers and came back down. I got nervous, disregarded my risk reward, and bitched the fuck out. It then went up to 1.14. Lessons learned 1) stick to the PLAN! 2) Don't disregard your risk/reward or mental stop loss 3) Don't let fear dictate the trade be COLD and CALCULATED.
Broker:Robinhood
| Date | Price | |
|---|---|---|
| Entry | 6/16/2016 | 0.959 |
| Exit | 6/16/2016 | 0.95 |
- Total Views187
- Position Size500
- Percentage-0.94%
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