Then came the afternoon! The plan was to find some low risk set ups and see if i can add to my profits without risking too much of my profits. What actually happened was just the opposite. I froze when I got back in to $LL right when i got home from our second trip to another doctor for injections in the hand this time. I went in long thinking i would catch the squeeze and some profit takers but as i look at the chart now there is no sign of either. Just plain poor judgment with added insult of bag holding resulted in cancellation of the entire mornings profits. This is a classic example of self sabotage which I seem to be struggling with in a major way.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-10 13:49:26 | LL | buy | $91.920 | long |
2013-12-10 14:41:28 | LL | sell | $90.520 | 0 |
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yes the trend on this one was down, once the squeeze started to roll over, down was resumed. coupled with market down