Shared by
boldandnuts
BABA really found support at 166 and tested that level sooo many times. I was so far away from my trading zone and was in panic mode. Very stressed and without any confidence or idea of what I was doing but kept trading. WTF, Markus?
BABA consolidated between 166 and 166.50. Instead of watching it and sell resistence on spikes higher to give it enough room to test 166 i anticipated the crack of 166. It cracked down I entered. I stopped out, added back and took my loss on another fakeout higher.
BABA was making lower highs!!!It took a couple of more minutes of consolidation before 166 gave in and it sold off hard. Of course I missed the move since I traded like an asshole!
I am so scared of losses after the hit from yesterday that I keep making mistakes and end up taking unnecessary losses. Self-fulfillng prophecy. REally need help and confidence. Sometimes really wish I had a mentor for feedback.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-01-30 11:13:00 | BABA | sell | $166.000 | short |
| 2019-01-30 11:13:00 | BABA | sell | $166.000 | short |
| 2019-01-30 11:13:00 | BABA | buy | $166.080 | short |
| 2019-01-30 11:16:00 | BABA | buy | $166.239 | 0 |
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