Shared by
daljitsingh_BOWS
Boredom trade, should not have been taken.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-03-18 11:46:49 | AMZN | buy | $553.400 | long |
| 2016-03-18 11:53:04 | AMZN | sell | $553.100 | 0 |
Comments
daljitsingh_BOWS
2016-03-22 13:47:44
Will do, lawrence, Im going to be working on creating a set of solid rules for myself before entering a trade.
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Yeah, daily chart was not in a long patter. I totally get how the feeling on having to be in a winning trade can take over. Best way for coping with that is to be sure, before EACH trade, you record the name of the daily setup pattern, the name of the intraday setpup pattern, the stop, the potential target, your concerns about the trade, and anything else you seem valid. If you do that each time, you won't enter trades without a valid reason to enter.