
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.
Broker:Interactive Brokers
| Date | Price | |
|---|---|---|
| Entry | 9/26/2022 | 1.12 |
| Exit | 9/26/2022 | 0.965 |
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