SPCE Trade on Jan 30, 2020 13:30 from tred0002: Tradervue User Stock Trades.

Watching SPCE trade the last few days, there was a common pattern the previous two days in the afternoon there was a bit of sideways consolidation and then a flush down with a V-Shape recovery, Looking back I should of just calculated the average size of the flush of the previous two days, This would of allowed me to size in correctly knowing that an easy 2% drop could be from my initial starter position. Not prepared for the flush of that size, I ended up putting my stop under LOD at the time,1 minute later LOD breaks by one penny and I am stopped out. Entering this trade I had been on a day and a half draw down, This trade would of erased the previous 1.5 day drawdown. I am proud of myself for just walking away after realizing I just sold at LOD. I was ready to reenter at a higher price, but was aware I was near my max loss for the day and did not re-enter, If I would of reentered it could of gone either way and another loss would of violated my most important rule(Max daily loss).
Trade checklist
1. Did I choke off any trade by moving stop above pivot or to break even? No
2. Did I not define my risk before entering? Yes, I didn't put the scenario in my head of a flush of that size, catching me off guard. Even though the last two trading days had flushes of similar size...
3. Did I go over daily max rules? No
4. Did I not scale in where appropriate? No
5. Did I not think about at least 2 to 1 before entering? No. I did on my initial entry and planned for a 2nd order as well if there was a flush, the 3rd order was unplanned as I was not prepared for a flush of that size.