LEDS Trade on May 6, 2021 10:28 from LMDTrading: Tradervue User Stock Trades.

This here is an example of WHAT NOT TO DO.... Chasing when you KNOW better. The initial trade made 1R and had I stayed in it would have hit target. At that point I should have been content and moved on but looking at this chart you would think that it is March and I'm just learning how to trade.

6/7/21 And i'm back reviewing this trade. Never looked at each trade on their own just paid attention to the NEGATIVE P&L.
1st Trade had pattern and I got in at a good location. This trade actually could have gone 8R but I got out at .8R
2nd Trade had NO pattern but if I had put the stop below the low of the previous bar I would not have stopped out and 2R target would have been hit in less than 5 minutes.
3rd trade had NO pattern as well and was at the end of the move... THE TOTAL END. At worse if I had a stop set at the low of the previous candle I would have taken a 2R loss but instead I took a 5R loss...