AAPL Trade on Nov 11, 2022 14:16 from SonoFusion: Tradervue User Stock Trades.

There was so much wrong with this trade, it is hard to even find where to start. This is one of those trades where I found myself just "wanting to make money" and not thinking about the risk / reward, the trade book or the patterns. I too this trade long, even though the actual overall trend for the last few minutes was down and the only strong candles were red. My thinking was that it had just come off a strong uptrend earlier, the market "had been strong" and I was on a hot streak.

The buy-in time was wrong, I was not using intelligent risk amounts for my a stock that hadn't broken back out yet and wasn't on a trend. (Should have waited for a trend continuation or a breakout) I then made matters worse by trying to move my stop a new way in TOS (I know DAS / IB would make it easier for this) and when I cancelled my one stop to add the new one.... That is when the stock dropped. (That big red candle you see) This ended up causing this stock which wasn't a good trade to start, to become my worst trade for the day as I used up and additional 1.5R in lost profit due to my stop loss move error. (I was always told that some lessons are free, the good ones are expensive. Hopefully I learned my lesson here.)