Again, I broke my rule by trading to early and suffered the consequences. I should have been taking a partial position instead of risking so much on a play that I have a low success rate with. After this loss I was completely off my game. I am noticing a pattern that when I risk to much early in the day and the trades do not go in my favour I spend the rest of the day taking more losses as I begin to get more reckless. I went short later in the day but did not give the stock enough time to play out as I had to leave my computer near the close.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-24 09:43:45 | FSLR | buy | $57.290 | long |
2015-02-24 10:04:55 | FSLR | sell | $56.500 | 0 |
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