Traded 5 accounts today. Saw the pump, and went short. Didn't hold till my target of 200 ticks (stop was 55 ticks). I need to have my take profits set to key levels and not having fear and taking them when I see them. I will try to trade smaller size so I can hold trades longer, see if this works better for my psychology.
After open, was trying to go long, then short, was crazy. Was down $1200. Then decided to go long at around pre-market low. Went in with bigger size as it was confirming. Def exited too early, but that's ok. The red circle was my last trade, largest winning trade at the end. Can see I really exited too early but that's ok.
Pumped at open, waited for the retest of the balance area, went long as it started confirming and holding. My stop was 50 ticks and profit was 150 ticks. I only held to 75 ticks. As you can see from the chart, stock went up probably 300 ticks. Need to work on the discipline to hold to my original plan.
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