Setup: --------------------------Intraday Bear Flag
Entry: --------------------------90.34
Shares: -------------------------100
Stop: ---------------------------No Stop
T1: -----------------------------89
T2: -----------------------------
Reward:Risk Ratio (T1): ---------Did not define a stop
Exit: ---------------------------92.11
Profit/(Loss) Without Commission:--- -**177.00**
Comments:
- I knew that I should not have traded GPRO
- I knew it
- Made everything wrong
- Most importantly, I did not cut losses quickly
- It actually came back to where I was mostly flat on the trade, but I still did not cover
- I cannot trade live, if I don't learn to cut losses
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-30 10:46:05 | GPRO | sell | $90.340 | short |
2014-09-30 15:17:55 | GPRO | buy | $92.110 | 0 |
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