Clearly danger sign was there when it was gearing above VWAP and testing HOD, it's definitely not a short!!!!!!! It's a fucking long!!!!!!!! I was unfortunately subject to "position bias", instead of cutting entire position off I emotionally added to the losing position trying to make it work and this is the price I paid. Fully deserve it!!
I was fighting on the front side for no real reason whatsoever. This is the market that you don't want to be a hero. Stop trying to call the top!!!!!! ONLY wait for a lvl get tested, retested, stuffed then restuffed before entry!!!! There is no point guesstimate where the top is.
However I did do the right thing covering everything and flipped long before the secondary spike took off. That was the only silver lining trading this ticker. The rest of day it got choppy, stuffing and absorbing at the same time so I avoided it the rest of day. Tough one.
Ended up making $8k on this trade but MAN!!!! at the peak I was down $5K!!!! it's totally not worth the frustration, emotional swing to make that money. RR stinks!!!!!!!!!
Same mistake over and over again!!!!!! Short toooo early toooo big!!!!!! No matter how many times I told myself to exercise patience and wait for valid resistance lvl to short but I just couldn't do it!!!!!
Same mistake as TCCO. Just pure emotional and feeling ss with no plan!!!! Man I really costed big on my account. Same mistake 3 times in 1 day!!!!!! What the FUCK!!!
This is the ONLY good trade I made in terms risk vs reward. Good entry, good exit!!! A tough one but I played it well.
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