Disgusting attempt to play the continuation of the breakout from yesterday. Didn't cut losses at an appropriate time, broke the rules I had set prior to the trade. Overtrading. Need to clearly define these breakout plays more, will continue playing them to see how they behave. Must stay rigid with my stops, until my confidence and understanding improves.
Atom crypto Caught a breakout sold into resistance 1/3 at a time. First two sold into initial spike. Next time I'd like to hold the final third a little longer, would have been nice to catch that 2nd spike. But I was also tired and ready for bed. Good entry, good risk reward. in the future might want to set a final stop on the breakout level.
Retracement trade. After the entry the stock made a leg down and today gave me the opportunity to exit at break even which I stupidly didn't do... Result for breaking the rules is an above average loss when I could have gotten out at breakeven... Every time I don't follow the rules I get an above average loss.... Have to be more disciplined...
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