Total loss = - $383
Fees = -$108
PLAYBOOK TYPE
The fact that I don't even know what playbook type this is showed I FOMO and forced my way in at bad entry prices and could not wait until it work .
MARKET RECAP
SPY cratered on the open and was unable to sustain the move.
INTRADAY FUNDAMENTALS
TRADE PLAN
No plan. Just FOMO
TRADE MANAGEMENT
Overtraded , FOMO when it went higher without me.
Chased it multiple times without looking at a safe entry price.
Also did not hold for wick/price reclaims.
READING THE TAPE
Could have used it better.
Paid almost no attention to it when trying to catch the move up.
DAILY REPORT CARD
Daily Risk : Was green early on the day from RDBX and DAWN, so not strict on stops on this. Should have be disciplined in protecting profits.
If I was trading in my real account this was a terrible trade.
My current daily max loss limit is $50.
P&L :
Weekly P&L Goal :
How Prepared Were You For The Open?
A
Profit Target vs Max Loss ?
C
Did I Define My Risk For Every Trade Before Entering?
No , D
Did you remain patient with your trades?
Risk Management ?
Psyche : Any signs of being on tilt ?
Did I take an A+ trade today?
Areas of improvement ?
Don't do what I won't do in my real account.
Don't FOMO even in simulator.
If FOMO, must be quick to book profits in this market.
Did not realised I was overtrading this stock until review time.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-06-13 09:45:36 | AERC | buy | $14.510 | long |
2022-06-13 09:46:42 | AERC | sell | $13.980 | 0 |
2022-06-13 09:47:28 | AERC | buy | $14.570 | long |
2022-06-13 09:53:43 | AERC | sell | $15.100 | 0 |
2022-06-13 10:01:04 | AERC | buy | $15.590 | long |
2022-06-13 10:02:40 | AERC | sell | $15.860 | 0 |
2022-06-13 10:04:53 | AERC | buy | $16.390 | long |
2022-06-13 10:06:41 | AERC | sell | $15.750 | 0 |
2022-06-13 10:15:44 | AERC | buy | $14.990 | long |
2022-06-13 10:17:54 | AERC | sell | $15.220 | 0 |
2022-06-13 10:18:08 | AERC | buy | $15.300 | long |
2022-06-13 10:19:39 | AERC | sell | $15.170 | long |
2022-06-13 10:23:09 | AERC | sell | $14.520 | 0 |
2022-06-13 11:14:46 | AERC | buy | $17.450 | long |
2022-06-13 11:16:27 | AERC | buy | $17.210 | long |
2022-06-13 11:31:10 | AERC | sell | $17.010 | 0 |
2022-06-13 11:37:29 | AERC | buy | $17.200 | long |
2022-06-13 11:42:56 | AERC | sell | $17.060 | 0 |
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