Perhaps I should have been willing to take some loss on this trade as I set my stop loss too high and maybe just a breakeven would have been better. The possible lower high I didn't plan well as it was a lower high from where I entered at the support.

I'm green on trade now around 4.36 @ 10:17a. I moved my stop loss from 3.49 to 4.13 cause now if it drops I'm at no loss trade as of now!

Needed this reevaluation as this was the largest losing trade % and $ wise. Making progress and look forward now to future trades!

This experienced forced me to finally get smart with my position sizing according to where I'd stop out! So never again and only cost me $32.55 loss to learn this lesson! And gives me a sense of control and will help with getting too emotional on the trades as well. The blessing of zero percent commisions now allows me to do this plan with enough day trades per week. 18 per week: 6 otc, 12 listed in general with my six accounts.

Biggest lesson on this one was I realised I'm risking too much with my six $250 accounts by going all in on the $250 where now I calculated 1% max loss per trade which is $15 on $1500 total and I'll scale in position size accordingly. So the terrible loss lesson on this trade was that I just scaled in too high. Wasn’t ideal trade but loss would have been $15 max if I scaled in properly.

Thanks.

Great job!!

wow hahaha i dident notice it! tnx! but got down for a bit so now i am less then 200$ far away from that 6 figures

You just became a new six figure student dude congratulations!!!

My limit is usually 5% sometimes I even cut too quickly but it saved me more times than not