I made the cardinal sin of allowing my 3 earlier loser trades mind$#%& me. I entered a tad early here with an original stop -2, Target +5, +7 which both were hit and then some and stop never hit. In hindsight that 390 was a natural test place but i ended up prematurely moving my stop up thus taking a loss on what should have been a mechanical trade. Good reinforcement of controlling emotions and trading the chart.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-23 10:56:18 | NFLX | sell | $388.280 | short |
2014-01-23 11:15:52 | NFLX | buy | $389.480 | 0 |
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Respect your original stop loss. You set it there because you are able to take the pain!