Very happy I wasn't long $VOXX through earnings last week. I had appointments Wed-Fri morning, so I wouldn't have been able to get out until probably Friday afternoon. Risk management is job #1.
If I had risk managed when I first started, I wouldn't be in a hole right now. I went all-in long overnight on $CAMT that was wayyy up, and IB wouldn't let me sell premarket, so I watched my losses pile up all the way to the market open. I've been atoning for that sin ever since.
I risk managed today on my $VSR short, which kept me safe, but also made me miss out on 20% of downside. Win some, lose some I guess. Or, in this case, win some, win less of some others, which I guess is better than losing.
Continuing to slowly climb out of the hole...