CLF3 Trade on Nov 17, 2022 17:32 from Nanou2012: Tradervue User Stock Trades.

Trade Analysis

Technicals: This is actually the merger of two trades taken back to back with virtually the same entries. I exited the first one as I thought the move was coming back down and promptly re-entered a tick lower.Same as yesterday, I waited all day to pick up that long as I was not feeling like trading at WTI open and felt it was treacherous. I had identified the zone in the chart where we were likely to find support and corroborated with my Sierra chart (See below)

I entered L2 at 81.44 and exited and then re-entered 81.43. The trade went my way and I made the mistake to put my stop at scratch and got stopped out incurring a small loss of $60

Outcome: The loss is not so much the $60 that I so desperately try to protect but the $670 I did not make had I followed my first trade set-up as seen below. It is also the loss of $650 I suffered on the next trade trying to get back in having do frustratingly watch MY trade go without me.

Post mortem: I really need to trust my process and let go of the outcome. My micromanagement is killing my setup. Moving my stop until my first target has been reached is absolutely a NO NO.