-$556 Loss
CANLong Stock
CourtesyOfSantiago

After successful trades on CAN, I got greedy. The price rose and though I had warned myself to be patient, watch for resistance, and correction I DID NOT FOLLOW THE RULES. Reasons that I failed here are because I did risked too much of the account on this trade, I did not cut my losses quickly (convinced of a bullish outlook for no reason other than limited technical analysis), and I did not wait for a candle to complete and confirm a breakout so I bought on a fake breakout/trap.

000

Broker:Robinhood
DatePrice
Entry4/1/202123.50
Exit4/7/202118.35
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