Nothing attention grabbing moving in premarket
- One of those stocks you watch on quiet days.
Open
- First trade was a short that got squeezed and stopped out, thats okay, market volatility .
- Second trade for the strong reversal VWAP flip trade again. Scaled in on 1 min and 5 minute confirmations One of the saddest trades I have ever taken and the reason for that is because of letting a big winner turn into a loser.
Reflection
- Probably most greedy trade and hopeful trade I ever took. I thought I was going to make up all losses for today on this one trade, so much that I let the trade go completely in my favor and then completely not in my favor STILL hoping that it would go back down to the lows.
- The biggest issue was my psychology; this could have very well been a very beautiful trade with 2R reward that I sadly let turn into a loss. I was hopeful that it would hit 115 and give me back all the losses for today.
- Biggest lesson from this is that all trades are individual from the others. You must trade each trade individually and strictly technical. I held down on many legs when I could have taken great partials.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-05-24 09:57:17 | AMZN | sell | $116.080 | short |
2023-05-24 09:59:23 | AMZN | buy | $116.560 | 0 |
2023-05-24 10:03:11 | AMZN | sell | $116.140 | short |
2023-05-24 10:05:00 | AMZN | sell | $116.000 | short |
2023-05-24 10:13:33 | AMZN | sell | $115.990 | short |
2023-05-24 11:27:37 | AMZN | buy | $116.240 | 0 |
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