After 9 losses in a row, frustration matured into full blown rage. Saw a great setup, put on the trade and set the stop and target and walked away. I've been butchering my trades. I may be onto something here. Will try monday, to set up stop and target and walk away. Let the final trade work out itself and erased 9 losers. Perfect example of cut losers quickly and let winners run. I finally followed my own advice. Will review my own blog over weekend and learn from past mistakes. Terrible win:loss ratio of only 28% winners. Huge swing from -500% daily loss limit to +3% daily target. Still controllable sizing but just terrible win ratio which the lesson of the day for me is WAIT FOR IDEAL SETUPS.
Here are the losers and winner:
FSLR - Huge fakeout on open, took intial loss, then shorted it and forgot LESSON: WAIT FOR 1ST BOUNCE TO SHORT THE LOWER HIGH IN WEAK MARKETS
NFLX - Great short fakeout. 1st short FAIL, 2nd was right idea, just took off prematurely for B/E instead of LETTING TRADE WORK OUT.
AAPL - Long of giant flag breakout fakeout.
WPRT - Finally had time to take an "entry" screenshot and an "exit" screenshot to remind myself of what to look for....just glad it worked out. Here's the side by side:
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