VKTX Trade on Dec 6, 2017 09:30 from alext341: Tradervue User Stock Trades.

This was a stock that was a gapper on Ross Cameron's scanners. I entered the position with 100% of my buying power for a scalp. I managed to stop out of the trade at my 5 cent stop target. This was the most disappointing trade all week. I lost nearly half of all my weekly gains on this trade alone and was set back quite a bit. It was a catalyst to the day's revenge trading as I immediately sought to find the next stock with potential. From my experience day trading, if you trade the day with a starting loss, you will typically end the day red and redder if you overtrade. I overtraded this day. The main challenge for me this season will be to trade defensively: scale back on days like these with no momentum and are choppy, keep tight stops, don't overtrade, and trade only the best quality setups. I didn't sleep well the night before either. I slept for a few hours the previous evening and stayed awake for the rest of the night until the morning. As a result, I felt anxious and unfocused. However, this didn't affect my ability to manage my trades. I still managed to stop out my trades. My lack of sleep affects my accuracy though and my ability to assess the overall market for strength. I also have trouble controlling myself to stop overtrading when this happens. Today, I also sustained a few losses and managed to keep them low by scaling back. More on this tomorrow. For this day, I ended up with losses.