Two issues: 1) picking and choosing trades instead of taking all setups (what else is new), 2) four very partial fills!
Four 100-share fills today left me with a realization that Iâve consolidated in a narrow range on low volume and am due for a break out any day now!
After reading some more of Al Brooks' book last night, today I found out what it's like to be an "early short" followed by finding myself a "trapped trader". How does this happen? It happens when 2 great setups are ignored, then in frustration I jump into a a trade on an unconfirmed setup.
Picking and choosing among setups almost always leads to picking the weakest trades.
+253. Closed out my hedge friday morning for a loss of 800 over the last 2 weeks. Would be down an additional 500 if I still had it. Bad timing for fancy crap like that.