Im so mad at my self right now. One of my problems recently has been getting out of trades when i see (usually small) profit and not following my plan all the way to my exit target. And this is what happened today... I got in at 33.18 with 500 shares for a 5ORB and as soon as my order filled i was down $50... damn. Didn't look at the spread. Well the price dropped a bit toward VWAP so i decided to add another 500 shares at 33.04 which brought my average down to 33.11. The price dropped below VWAP and i started to panic a bit. But it came back up and my unrealized showed $60 over break even, so i got out. The combo of the bad spread and the drop freaked me out... even thought the 5 min and even 1 min chart showed that i was in an awesome spot... So i told my self i wasn't going to look at DBX again for the day. Well like i always do, i came back later just to see what happened.... DAMN! WHY?!?!?!?!?! STUPID EMOTIONS!!!! I was in such a good spot and the charts backed me up the entire way! I would have started getting out around 35.03. A damn 2 point gain, and its still climbing.... 😣 So a hard lesson. A lesson that i already knew but find hard to follow when emotions come into play. I can make bigger profits and lower losses.... if i follow my plan and dont let those stupid emotions get in the way. One way to help with this, that i found, is to remove the unrealized for each trade. To only follow the charts, level 2, and other signals. Not seeing $$$ helps keep emotions in check. Sadly im on a work trip and on my laptop using an old layout instead of my desktop where i dont show it. Should have removed it first... oh well. Ill take my $200 and run for the day. To emotional for anything else.

Really proud of my day, took only 5 trades !!! Win% of 60% Win$/Loss$ Ratio of 3:1 +1.5% Here is a screen shot of my best trade of the day on, a Reversal on PAGS ! Got scared out with the last 50 shares, should've let it ride over VWAP See you all tomorrow in chat and maybe some tonight in Montreal 🙂

I’m in the area until the 4th of July and can meet up Sonny H

Hello Andrew I am deleting my post If you agree, in the chatroom let the members know that we gonna form a meetup in Greater Toronto and they can leave a message here

Thanks guys! Let's make one of them active. Which one we should keep? I can fly over in July, never been to GTA.

Thanks Carlos, that are some great ideas. I am also thinking of initiating a give back rule. I make the bet trades in the first hour, so I want to ensure I keep most of those (25% Loss limit) - For Friday, I am thinking maybe 20% of weeks profit as max loss (when we have a profit) - and also implementing your suggestions. Studying trades is critical, I tag them as Early entry, chased, FOMO, jumped out early etc. so I can analyze my trading patterns and fine tune based on that. Currently noticing 40% as chased, although 1/2 were winners I could have done better by increasing profits on winners and reducing losses on losers by double at least. It also helps me analyze my best of day, best strategy, time of week etc. I intend to keep posting these weekly stats, if you want to see details as to the tags LMK. Thanks for looking @Carlos