This was traded on the 1 minutes chart. I entered the short at a small pullback and covered at the bottom of the next red candle flush for $1 gain. The trade was good but position sizing was not considered. then because I made a good trade, I increased my position size (by 10 times lol) and entered on consolidation that I thought would break to the downside. It didn't and ran up instead. Clearly I had no stop in place and lost not only my previous gain but that gain times 10! Very poor risk management but good process to increase my share size only after I make a gain.
Again, this is small picture trading because I was on the 1 min chart and so I wasn't targeting bigger moves because I didn't know how much of a problem the 1 min chart was getting me into.
Execution detail:
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