Took a trade on X today for a 10 cent loss. I didn't give the stock enough room to go in my direction and it happened instantly. Learning lesson is certain stocks need more space than others.
The next trade was K...I took the trade prematurely before it broke out. And took my standard loss. I got emotional and took a second trade on it. Follwing my rules. Got a very bad fill and took a 10 cent loss on it. Cannot do that once I am down...I get out.
Then took a successful trade on pay and follow my rules for a .09 cent move and it just did not have conviction to go any further.
Next trade was a successful rule trade on NYX could almost reached price target and got out with .07 win
Took a failed trade on NYX again on breakout of high....was not a necessery trade that could have been avoided.
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