I thought I was out on this one too, just like yesterday. I think my stop was at 3.04 and it went to 3.00...never hit the stop and went down all day. Two in a row.
This shows how razor thin the line between profitability and losing money is. A few cents in either direction and I'd have lost two winners just this week. This shows it is as important as ever to trust the plan and stick to it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-11-12 08:48:47 | ZCMD | sell | $2.550 | short |
2020-11-12 08:48:47 | ZCMD | sell | $2.550 | short |
2020-11-12 15:30:35 | ZCMD | buy | $2.110 | short |
2020-11-12 15:30:36 | ZCMD | buy | $2.110 | 0 |
The hardest part for me at this point is NOT getting out of the trade early.....if I'm up I want to take profits and if I'm down I want to cut losses....but according to my strategy it is best to hold...so I fight that fight every day!
Yeah thanks for sharing I'm learning a lot from your trades and advices.
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Amazing how you keep your patience all the time.