Shared by
Boston
This is what happens when you stay in the market for too long... You make makeshift setups in your mind and then you overtrade until all your profits are given back to the market. I thought this could be a day long consolidation play, but it was getting uglier the longer it went and I still tried to play it 3 times to the long side for 3 different losses giving back all my profits. Need to learn from this. The stock already made a really big move for the day and I need to respect that.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-05-10 11:13:03 | MNST | buy | $153.660 | long |
| 2016-05-10 11:18:54 | MNST | sell | $153.320 | 0 |
| 2016-05-10 11:35:31 | MNST | buy | $153.520 | long |
| 2016-05-10 11:42:50 | MNST | sell | $153.270 | 0 |
| 2016-05-10 11:47:19 | MNST | buy | $153.580 | long |
| 2016-05-10 12:40:35 | MNST | sell | $153.280 | 0 |
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