Shorted looking for a gap and crap as it panicked right out of the gate. I didn't get a great entry, and really didn't even play this well at all. I'm okay with that though, as I'm trying to work on respecting the rules more and I'm glad that I respected my risk and got out for a small profit. I will be tracking these setups and trying to focus more on my long term goals.
A really shitty trade, despite the profit. I only got half my position filled, and was distracter through out the fall, trying to deal with customer service. I saw the bottom, but wasn't paying attention to the chart when it hit the 1.10 area. Frustrating but I'll just move on from it.
Yet another scared trade. I reentered as this began to start up trending again, figuring most shorts weren't going to want to hold overnight. My thesis was dead on, and yet I was too afraid to let my winner ride. I would've had a nice profit on this trade, and I really had no reason at all to get out, just fear. I need to start trusting myself more, my thesis was still perfectly in tact.
Bought this first green day, consolidating near the breakout level. I was looking for a short squeeze but got scared out during the consolidation. To be fair, The consolidation area was pretty wide, but I've been too scared of taking a loss lately so I've been missing so many good opportunities.
Shorted this gap up, as it had some big warrants out. I only got a partial execution of 200 shares instead of 800. I'm not sure why, but there wasn't a whole lot of wiggle room to average down. I was only looking for 10% or so, but after the partial fill, it just wasn't worth my time. I was on the right track though!
This is the last straw. I've been too focused on making back my losses, and its causing me to take sloppy entries on sloppy trades. I did a completely horrible job at cutting my loss on this trade, causing it to be my biggest loser. From now on, I am focusing more on consistency than making a profit. Profits will come down the road once I become more consistent. Even if I make only one trade a week. I want to focus on getting my winning percentage back up.
My losing streak continues. I am overtrading, taking sloppy, emotional entries, and not cutting my losses. I don't know how many times I have to take a bigger than planned loss for it to finally sink in. I have officially lost all of my early gains from this month and am now in the red. It's definitely a gut punch, as I felt so confident coming into this month.
Shorted this overextended gap down, but got faked out as it went red/green and looked like it was holding with some big bidders. I'm not too upset with this loss. I protected myself from a potential big loss, but I ended up getting faked out. I'm just overtrading and trading so sloppy. This has been a very disappointing start to the month for me.
Yet another late day trade that I took far too big of a loss on. Shorted as it went green/red, with a fairly tight risk. I saw the trade not going my way, but once again, I just couldn't take it off for the small loss. This is a consistent problem that I have with my trading. Late day trades haven't been working out for me, so unless I find a pattern that is consistently profitable late day, I will no longer be trading them. Lesson: when in doubt, get out.
Took way too big of a loss on this one. This kind of trade has consistently been one of my biggest problems. I feel like I need to make money towards the end of the day rather than being happy with the profits I had this morning. FOMO takes over and I break all the rules. I need to find a way to stop myself from doing this if I ever want to be more consistent.