at the beginning it wasn't that bad. I shorted morning push and covered partial into the pull and for whatever reason I decided to use size. I saw the divergence from the setup play in my head but I didn't stop out. Instead I kept fighting and rationalizing and trying to make it work.
Lots of danger signs but I didn't stop out:
1)morning HOD breakout and hold
2)relative volume!!!!
3)massive volume and killer daily chart
Then I compounded my mistake by adding to my position/loser again trying to make it work. Making assumption that it's gonna stuffed near HOD but wrong!!! It turned into monster straight up parabolic and I had to cut my loss there. the silver lining was I shorted near 50s and made $6k back.
I have to admit whenever I take huge loss I set my body and mind on fire!! I started taking large position trying to make back the money I lost, I became a FOMO and started slamming bids when weakness spotted and gave it too much room for stop lvl. the only thing in my mind was how can I make back the money I lost!!!! WRONG!!!! but can't help it!! Sometimes things just not gonna workout!!!! close it and get away from the screen!!!!! During midday I shorted into weakness and forced to stop out taking additional $10k loss. I caught EOD snap but not in full size. at the end of day -$34K!!!!!! I think the main problem was "SIZE"!!!! I got used to using size and big pnl in the past few months but the problem is all it takes is 1 play to wipe out money you made on 10 other plays!!!!!! It's easy said than done controlling your emotions. But it's trading. At the end of day when I look back I knew the right thing to do but couldn't do it!!!!!!!!!!! Can't help it!!!!! fuck humanity!
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