CRZO Trade on Sep 1, 2017 09:36 from JeffJeezy: Tradervue User Stock Trades.

Lesson: Played the open, I recognized the FIB, but go back on 10 day and see if that FIB was strong any other days.

On a losing streak so am sizing in way smaller now until I get my composure back. Through my 2 week losing streak, my risk management has been great but I had a couple of stops that were too tight, so to eliminate that, I am sizing in smaller to make sure my stops are all on point. (This is a minor problem, 80% of my losing streak trades had proper stops, but still this is worth sizing down until I fix the 20% that I am not)

If I look at my setup I should have not went short maybe. hard to say for sure because still learning to play the open. I can say for sure moneywise I shouldn't have because it was a loss, but I don't care about that, I am referring to "was the trade idea correct."

I had the signal to go short.MB, failing...and I didn't go on the first candle.

Things I should have factored. Daily range wasn't great so that should have been a clue that it may not drop very far, but the main oddball factor was my setup was telling me this was a long day still.

What I did factor. There was a FIB right were it got held by support (imagine that)...but my thesis was for it to fail the FIB. That is 2 things going against me though, the FIB sitting right there and my setup was still telling me long. I had the 2 things telling me to short which was the open and the MB, so I have to decide which is the most powerful signal and what other factor I may not be considering.

Scratch that, I just went back 10 days and see that FIB was a strong line multiple times in the last 10 days at least.