I allowed an overnight short position to turn into a big loss.
The market was clearing in support and was showing signs a rebounding.
I did not make good use of my scalp short trade hoping for a break-out failure after taking 50% and leaving myself exposed with a protective stop. To further compound this, I double-down, the cardinal sin
Learning experience
As a developing trader, I should as all that concentrate of the process not the money.
I am paying dearly for those rookie mistakes.
According to Dr. Bret Steenbarger, traders change when they leverage their achievement orientation as a solution, stop beating on themselves and endlessly analyzing their flaws and make their problem patterns their greatest enemy
Using Music to relax me so I am no longer that person who fight an un-winning battle
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-05-27 11:55:09 | PLAN | sell | $50.286 | short |
2021-05-28 09:49:09 | PLAN | sell | $50.550 | short |
2021-05-28 09:57:59 | PLAN | buy | $50.890 | short |
2021-05-28 09:58:47 | PLAN | buy | $50.920 | 0 |
2021-05-28 10:06:55 | PLAN | sell | $50.600 | short |
2021-05-28 10:08:38 | PLAN | buy | $50.840 | 0 |
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