08:46:07 - anticipating a break of 28.10, chase trade, hold when it crossed my stop level. Bad ---
08:56:49 - @27.86 pullback entry, anticipating a break of 28.10 & move up
09:30:22 - quick scalp at open
09:33:01 - @25.65 & $1 risk, two prev candles bottomed out @25.08 so when this one opened at the key level (25.69) and went a bit down to 25.65 I bought having a stop below 25.08. It went immediately down hitting my stop by a few cents but quickly bounced. Started to creep up again & I sell for a 70c loss. Should've hit it right away even though it would've meant a larger loss. -
09:37:25 - @25.5 anticipating a break of a key level 25.69
09:40:41 - pullback entry after spotting a higher low, 70c stop but I held past stop price & ended up having a $1 loss/share. Bad trade --
Summary: at this, I was pretty much done for the day having booked in a $50 loss.
ISIG was hard to trade in the morning, I was trying to catch the falling knife playing against the downtrend (as it later turned out). But not hitting bad trades is unforgivable. This has to be my main focus the rest of this week
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-01-10 08:46:07 | ISIG | buy | $27.940 | long |
2022-01-10 08:55:34 | ISIG | sell | $28.000 | 0 |
2022-01-10 08:56:49 | ISIG | buy | $27.860 | long |
2022-01-10 09:00:41 | ISIG | sell | $27.830 | 0 |
2022-01-10 09:30:22 | ISIG | buy | $26.220 | long |
2022-01-10 09:31:13 | ISIG | sell | $26.550 | 0 |
2022-01-10 09:33:01 | ISIG | buy | $25.650 | long |
2022-01-10 09:34:39 | ISIG | sell | $24.960 | 0 |
2022-01-10 09:37:25 | ISIG | buy | $25.500 | long |
2022-01-10 09:38:50 | ISIG | sell | $25.000 | 0 |
2022-01-10 09:40:41 | ISIG | buy | $25.250 | long |
2022-01-10 09:41:48 | ISIG | sell | $24.290 | 0 |
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