lsbear85's ATER Trade $-420.00

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Trade Details
Published: Apr 09, 2022
Status: Closed
Broker: TD Ameritrade
Asset: Stock
Symbol: ATER
Type: Short
Patterns: gap fill
Performance Metrics
Entry CPU Exit CPU Fees Max Amount Max Cost P&L % P&L $
0.21 0.10 $0.00 4,000.0 $400.00 -105.00% $-420.00
Transactions
2 entries
Date Side Amount Price Commission Reg Fee
Apr 08, 2022 12:00:00 Exit 4,000.0 $0.10 $0.00 $0.00
Apr 08, 2022 15:00:19 Entry 4,000.0 $0.21 $0.00 $0.00
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Notes

Took a bad trade out of my normal tickers.  I went against all of my rules and lost.  I knew better but for some reason still stuck in there and it got me.  Time to get back to what has been working.

Bad:

1. Traded something that I don't know or follow

2. Held on too long when it broke above resistance.  Should have cut my loss quicker.  When it did finally go green, I didn't end up taking profits thinking it was finally going to get to my target.  Reversed and lost.

3. Averaged down on a loosing trade.  Falling back into practices that would hurt me in the past.

3. Traded 0DTE contracts which has been against the plan.  Its been 4-5 weeks without a full size loss trading longer terms contracts.  Allows for time to exit

BAD TRADE




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