I can't understand myself, why I entered at the second time. It was a boredom trade again that day.
The conculision that I've made is to be more patient and wait for the setup. Do not trade if I bored, it makes my losses bigger.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-07-20 10:06:08 | EXEL | buy | $5.770 | long |
2015-07-20 10:07:59 | EXEL | sell | $5.680 | 0 |
Think about it in terms of RR; your trade would have to travel almost a dime (1.5%) just to make your risk back.
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Go watch a movie if youre bored. Not to be a jerkoff, but that is why I have netflix on my pc. Boredom can be a killer. Daily was your first tip on this. Way gapped and you MUST look for tests before you continue with the uptrend. Tweezers at the top was your tip it was a turd. Also your risk: .09 on this?