My trade size reflects my confidence in this trade. Showing strength for a bounce, I took a late entry long and ended up getting scared on on a dip before the rip.
This was an unnecessary loss. I sold out exactly at the bottom of the dip. So goes such things when trading emotionally.
To improve on such situations I need to:
Overall, this trade is indicative of the last two days of trading which hasn't gone well. No big losses but just ugly trades that I usually don't take.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-08 11:04:34 | DNR | buy | $2.700 | long |
2016-03-08 11:11:19 | DNR | sell | $2.660 | 0 |
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