What I think it was, was I was trying to stay perfect, wanted to keep the green streak going, perfectionism has no place in trading, trading will never be perfect, unless you are one of those guys trying to sell some trading service, their trading is always perfect.
Life Is Short
- Thread starter realtrades
- Start date
What I think it was, was I was trying to stay perfect, wanted to keep the green streak going, perfectionism has no place in trading, trading will never be perfect, unless you are one of those guys trying to sell some trading service, their trading is always perfect.
In big trouble here, shorted, had a $100+ profit, didn't take it, got squeezed big time, they did a partial auto liquidation on me, that uses up my day trade for today, if I close the rest, it would be a PDT violation, still stuck in my old ways.
which stock you shorted?
Shorted $VXRT got squeezed for a -$826 loss, inexcusable, had every opportunity to close, even for a small win, losing days being bigger than winning days just can't happen, that's basic sh*t, see where we go from here.
Got auto liquidated on partial, then closed the rest, past conversation with chat was told this would count as 2 day trades, only had 1 available today, maybe they make an exception for auto liquidations? Maybe the CSR didn't know? See if account gets restricted.
Got auto liquidated on partial, then closed the rest, past conversation with chat was told this would count as 2 day trades, only had 1 available today, maybe they make an exception for auto liquidations? Maybe the CSR didn't know? See if account gets restricted.
I mean, it is what it is, either I learn to change my ways, or I continue to lose, day trading will test your will. If my account does not get restricted, then I'm back at it tomorrow, if it does, I believe I'll be able to request a reset?? We shall see.
Shorted $VXRT premarket, covered in 25 minutes for +$120, just wanted to get back green again.
Have to be realistic about returns, I should take the 1%-2% a day, instead of trying to swing for the fences, in the 2 losses GME and VXRT yesterday I had that but wanted more, ended up taking huge losses 8+% and 11+%, that absolutely can't happen, just gotta be happy with the possibility of making 1-2% a day, 3 days a week.
Today's play was a little different, not a premarket move off the scanner like usual, but a big mover from yesterday, wasn't really a revenge play, even though I lost with it big yesterday, will be including previous day's movers now in my morning stock selection process as VXRT up big yesterday, sold off heavy today, I could have actually held my short from yesterday and avoided the big loss, but too bad I didn't have a crystal ball.
Completely fu***ng up today, really need to size down.