Small gain
I really gambled with this one for no other reason than it looked like a symmetrical triangle on the 5-minute chart. I was okay taking a loss to get my feet wet again, but it was more of a stupid tax than a loss. I didn't pay enough attention to the patterns. I also didn't set up my trailing stop loss right, so I lost more than I intended. I prefer making these stupid mistakes while my account is tiny than when I'm playing with thousands.
Entry comments: I just wanted to get my feet wet again. It had already run up a good amount this morning. The news is over a week old. In a lot of ways this is a gamble, but I am ready to exit quickly if the sideways action doesn't change. I don't want to make a habit of gambling, but I am afraid of getting study frozen where I spend all my time studying and none of my time trading due to fear of failure.
Short PM Gap and Crap. Nice easy short under Vwap, should have used more size.
Setup: chased b/o on STT breaking news (Parkinson's disease), oversized and did not cut loss quickly.
Bought this as it bottomed and tried to be patient for a bounce, but it just wasn't happening, so i cut.
I got caught with FOMO at its best. Broke my rules and it cost me. Not sticking to a plan always bites me in the ass.
No comments due to computer crash.
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