KGC Trade on May 6, 2016 09:40 from Reggie1634_BOWS: Tradervue User Stock Trades.

2016-05-06 22:45:45
Fri morning, I needed to leave for my job at 10:30, this is truly the time frame that I wish to be successful at, from 8:00 to 10:30. So the market opens today and I have a few stocks on my watch. $KGC is one of those stocks. Gold has been on a tare and though I feel like the bigger picture charts are still pointing to bullish moves I have been stocking this and other gold plays for short opportunities in the short term time frame. so this gaps up on the open, and here I go and I make a short entry 10 mins into the open. I could label this as FOMO. Call it what you want, It is a big Thing that I need to be able to recognize and control.
On the positive side, I did not go into this trade without a plan. I am willing to risk .10 cents for the target of .30 to .40 cents. As it turns out, I was in fact early on my short entry, however do to having a set risk I did not turn this loss into a bigger loss than it needed to be.

Things to focus on....
recognizing and controlling FOMO
WAIT and WATCH for your opportunity to show itself.