Shared by
jacktopic
Worst trading day for me ever, caught the first 3 min candle up for some $70 profit, then rushed into another trade for a massive $500 something loss, made around $200 back on the 3rd 3min candle pump but ran out of bp.
What did we learn: $FB almost always has a 3, 3min candle trend on open. First goes up, second goes down and sets a support level, and the 3rd goes back up the level of the first candle, and after that it is up for grabs.
New Rule: DO NOT ENTER ON THE FIRST CANDLE EVER, wait for the second to set a trend and play the trend not against it.
Wrap Up: Bad day, going to be in a slightly underwhelming mood for at least a couple hours, but I do have confidence in my ability and I know that I can make it back next week. Going to make sure that I only trade the 3rd candle+.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-05-13 09:31:09 | 13 MAY 22 195 CALL | buy | $1.900 | long |
| 2022-05-13 09:31:23 | 13 MAY 22 195 CALL | sell | $1.970 | long |
| 2022-05-13 09:31:23 | 13 MAY 22 195 CALL | sell | $1.970 | long |
| 2022-05-13 09:31:23 | 13 MAY 22 195 CALL | sell | $1.970 | long |
| 2022-05-13 09:31:23 | 13 MAY 22 195 CALL | sell | $1.970 | long |
| 2022-05-13 09:31:23 | 13 MAY 22 195 CALL | sell | $1.970 | 0 |
| 2022-05-13 09:31:48 | 13 MAY 22 195 CALL | buy | $1.970 | long |
| 2022-05-13 09:31:48 | 13 MAY 22 195 CALL | buy | $1.970 | long |
| 2022-05-13 09:31:48 | 13 MAY 22 195 CALL | buy | $1.970 | long |
| 2022-05-13 09:32:24 | 13 MAY 22 195 CALL | sell | $1.530 | 0 |
| 2022-05-13 09:32:32 | 13 MAY 22 195 CALL | buy | $1.870 | long |
| 2022-05-13 09:32:56 | 13 MAY 22 195 CALL | buy | $1.660 | long |
| 2022-05-13 09:33:04 | 13 MAY 22 195 CALL | sell | $1.590 | 0 |
| 2022-05-13 09:33:41 | 13 MAY 22 195 CALL | buy | $1.590 | long |
| 2022-05-13 09:34:56 | 13 MAY 22 195 CALL | sell | $1.400 | long |
| 2022-05-13 09:34:56 | 13 MAY 22 195 CALL | sell | $1.400 | 0 |
| 2022-05-13 09:36:07 | 13 MAY 22 195 CALL | buy | $1.340 | long |
| 2022-05-13 09:36:07 | 13 MAY 22 195 CALL | buy | $1.340 | long |
| 2022-05-13 09:36:07 | 13 MAY 22 195 CALL | buy | $1.350 | long |
| 2022-05-13 09:36:51 | 13 MAY 22 195 CALL | sell | $1.640 | 0 |
| 2022-05-13 09:37:25 | 13 MAY 22 195 CALL | buy | $1.750 | long |
| 2022-05-13 09:37:25 | 13 MAY 22 195 CALL | buy | $1.750 | long |
| 2022-05-13 09:37:41 | 13 MAY 22 195 CALL | sell | $1.790 | long |
| 2022-05-13 09:37:41 | 13 MAY 22 195 CALL | sell | $1.790 | 0 |
| 2022-05-13 09:38:08 | 13 MAY 22 195 CALL | buy | $1.890 | long |
| 2022-05-13 09:38:19 | 13 MAY 22 195 CALL | sell | $1.610 | 0 |
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