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tombro
GEEZ This trade is Embarrassing.
LAKE had already ran so far today-at this point almost 14%
So far extended from EMA's
Even a crappy stop.
The only thing I can say is
FOMOFOMOFOMOFOMO
I need to use this trade as motivation, to not fck up like this again.
Ugh!
Execution detail:
Comments
Nape_BOWS
Notice how far away it was form the ema's when you took the trade. Buy the high flag increase risk, so if you do decide to get in on a high flag; get a half position with a tight stop. You can always add more if it setup again.
tombro
Thanks guys. I'll still let ya punch me in the face for taking such a bad trade.
And Nape, yeah, those damn ema's...geez.
I'll describe this overall day on my Google community post.
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Don't be too hard on yourself. LAKE has had some massive moves in the past so it was worth the risk. Yeah your stop was a bit loose but still not a terrible loss.