Yesterday after the election , stocks rallied and I watched from the sidelines
Today I was impatient from watching from sideline yesterday and jumped in , trying to force trade
Bought 1500 MXL as it dipped 1% for the day
Right around 10:10 to 10:15 am
Breaking my first Rule I didnt wait for the dip to completely show itself for the fear of missing out.
Breaking my second rule I went all in , instead of limiting my position at 10K
Breaking the third rule I didnt put a stop at 100-200
Breaking another rule I force traded
Of course it kept tanking and tanking and tanking
Dropping to almost 5% for the day around 10:30- 10:45
I need to learn, rules work, emotions fail
I am holding that position overnight, I will likely reverse in next 1-2 days, but still I may break even missing on a 1000+ dollar opportunity and taking all the stress
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