-$11 Loss
FFIELong Stock
MichaelGTrades

Abysmal trade which can be attributed to two factors: (1) I predicted in lieu of reacting and (2) I set a stop that was far too low resulting in a 14% loss. Realistically I should not be trading anything within the first 20 minutes of market open and in fact because that just makes me too susceptible to my own behavioral biases, namely, FOMO and predictive trading. From now on I'll be more patient and wait at least 20 minutes after market open to trade. Luckily dollar value loss was small.

000

DatePrice
Entry9/26/20221.12
Exit9/26/20220.965
  • Total Views50
  • Position Size70
  • Percentage-13.84%
Proof
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
Join now or log in to leave a comment