Chasing, F, FOMO, Pull-back,

This trade I was not too emotionally attached to it because I was playing small position size, I was too fixated on the potential outcomes and not the trade or play. 

Enrty: It broke HOD and a long term resistance level, I was too eager to entry and ended up chasing the stock and buying near the top. 

Exit: I didnt have a define risk level I wanted to exit at, the is trade number 2 that I have done this. I got stubborn and let it go against me for a bigger % lose than I am confortable with. "I have to bite the bullet", I should have been in this trade in the first place

Pros:

• I played with super small position size

Cons:

• Didnt cut losses quickly
• chasing
• Didnt have a define risk level
• didnt let the stock form its trend

F, Pull-back,

Enrty: This was an arbritary level that I thought could have a bounce from after a pullback from the halt

Exit: got stubborn with this trade and let it go against me for too long, should coulda woulda gotten out once it failed to get passed 20.00 several times

 

I WILL LEARN FROM THIS TRADE, lucky it was with small size

F, Revenge,

Entry: broke the 6 level

• should have looked for a pop, noticed that it has dropped lots from its highs so people are looking to get out
• Greedy greedy

Enrty: revenge trading

Exit: so done, I need to get out

 

• Very undisciplined today, sized up and revenged traded

 

ABCD, F,

Enrty 1: This entry was not the best, I was fishing for the bottom and didnt let the chart form. 

• I think small size psyched me out, should have sold into the pop

Enrty 2: this is pure stupidty.. for some reason I was buying lots

Exit: this point would have been a better dip buy oppurtunity

ABCD, F,

Entry: this was not the best entry, it was forced, I think a bit of FOMO here. Impatient on my end

Entry2: this where I should have cut losses, because it broke vwap

Exit: dip down again, had to get out

 

Overall, this was not a good trade. I would give this trade an F

• buying volume was not there
• vwap broke
  • didnt cut losses quickly
• added to losing position
• forced trade