So this is my typical mistake. not setting a good stop and holding too long hoping for it to rebound. I have to remember that hope is the only thing that is stronger than fear. After this bad trade, I reviewed my notes and made myself take only good patterns and set stops where the pattern would be invalid. I hate that I had this slip up early in the day, but it did make me realize my issues and take the correct action to fix them.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-12-01 09:39:40 | AMBA | buy | $64.200 | long |
2015-12-01 09:54:42 | AMBA | sell | $63.490 | 0 |
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