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Looking at this stock outside for my normal trading hours - I was convinced this stock was going to CRASH. I shorted the very bottom of a double dip before it reversed and ran with strength. I am disappointed on so many levels. 1. this was an impulse trade simple - FOMO - Breaking all my rules while learning and exploring a new concept - 2. it isn't a red to green move ie LONG 3. I want to be able to have a plan that promotes consistency with one set up ONLY. I broke all my rules here.
Entered the stock looking for the stock to retest the previous high. As a quick NAIL and BAIL strategy. Unfortunately the stock started to downtrend and what COULD have been a small profit turned into a small loss. I need to take small gains. And disappointingly, I didn't follow my month long plan of only buying red to green moves. FOMO at its finest LOL
Disappointed - Entered at correctly as per trading plan and didn't take the small gain... Small loss
Another disappointing trade - Didn't stick to my trading plan and let FOMO enter this trade with no correct entry price AT ALL. I seriously have to apply new rules to stop entering no where near my entry price. Caught in no mans land and lucky not be a bigger loss.
My new #1 set up - Red/Green move - I plan to trade this set up for the month of June as my new rule. I actually missed my planned entry trying to save a few cents and it spiked. With such a big spike I entered the very next minute and it continued to rip. Biggest win so far but I still need to enter as per my original plan..
FOMO at it finest - cost me my biggest loss ever - I was tired of watching runners that i ACTUALLY tried to GUESS the next runner. I even added 20c to my entry price for all stocks I was watching this morning to allow for a runner. BIGGEST MISTAKE so far. Studying, watching and self discipline all thrown out the window here. Killed my confidence and very disappointing way to start the month. If you find yourself tryng to guess anything.... STOP!!!
Bounce play - Didn't move within 15 minutes - cancelled trade plan and got out early.
Very weird price - action - Study for future reference and held to long - made a new rule as a result - If the trade doesn't do wat I expect within 15min... Get out ASAP!!!
Bad entry (too inpatient) and held to short... Let the trade plan work
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
