ABCD, Breakout, FOMO,

Entry: was looking for a spike then consolidation, got some bad fomo seeing it jump $2 from the open. didnt pull the tigger with the first pullback and that caused so much FOMO. Bought into the next pullback right away, didnt let the consolidation level form

Entry2: wanted to hold longer and not get shaken out, added to my position thinking it can still uptrended

Exit: didnt have a clear risk level, and kept moving it down. ate a big loss 

 

Overall FOMO is hard to control and should have gotten out quicker

D, Dip Buy, FOMO,

Entry: I was watching for this to test vwap, and then test the 7.75 area. Passed through both those levels and got halted. FOMO kicked in and got a fill lower than I was expecting because the stock dropped

Exit: should have noticed that I was not comfy with enrty level and selling volume, moved my risk down to vwap as max loss on this trade.

 

This trade was not the best, I was impatient and didnt let the chart form for me. should have cut losses quicker here

 

I live and I learn to trade another day

 

C, Dip Buy, FOMO, PM Breakout,

Entry: I was looking for continuation, I dont think this was a good set up. The first one was way better

Exit: was not continuting, cut losses

FOMO, Random, Revenge,

Enter: didnt have a trading plan, I wanted to get in to make money back

Exit: got caught in a nasty dip, thats what i get for chasing

FOMO, Random,

Entry: saw that it had 2 green canldes, wanting it to conintue. This was not a setup I was wanting or planning to trade, I got furstrated with my earlier losses and wanted a quick fix

Exit: I was uncomfortable the whole time, this is not something I want or should be trading, made my red day into a bigger one. Should have gotten out for a small profit into that quick pop because I was uncomfortable

 

 

Breakout, FOMO,

Entry: This entry could have been more patient. Saw that there the price action was moving and broke long term resistance, pulled back from the breakout point.

Exit: there were 2 candles of strength but that didnt hold, I needed to minimize the lost and took a small lost.

Improvements:

• buy the breakout pull back if it can hold above or around the breakout level
• more patients on entry
• Focus on the best plays

FOMO,

Entry: This was a pure FOMO play, fustrated that I missed mutiple morning panics and played tops. But my though process: I saw a pull back from the spike and bought when in consolidated thinking into would have another bounce.

Exit: it wasnt doing what I was expecting, and realized it was in the trades for the wrong reasons

Improvements:

• Entry level
• Focus on the BEST plays