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Scott_nowrealtrader
Scott_nowrealtrader Oct 14, 17 10:48 PM

Read through your trade and looked at the chart. Main problem for me other than what you discussed is that when you got in the trade did you have a plan? Because you bought the pullback and if this started coming down where was your exit point? See the problem is you got in had no day trades and were just hoping, this could of dropped to days lows and you would have been stuck or had to break PDT just to avoid disaster. So I think that you just need to learn from this trade and revise it in the

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PunjabiNinja
1
PunjabiNinja Oct 10, 17 6:17 PM

Just wanted to say keep your head up! I just had a rough loss after breaking all the rules and kept rationalizing holding on a littttttle longer to turn it around. I bet a lot of folks here have had similar learning moments Learn, move on, and conquer the next trade! “Don’t Let Yesterday Take Up Too Much Of Today.” -Will Rogers

RBI
1
RBI Oct 10, 17 6:58 PM

Yes, very good lesson learned! I never get into a trade at the end of the day if I don't have a day trade left to get back out in case things go south. In this case I'm guessing you followed Tim into the trade but when he alerted that he was getting out you couldn't get out. Been there, it's a bummer. Glad you're learning from it!

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