Big range of emotions today
Tried to trade NVDA right at open and kept losing. Was down 1k+ for most of the day and was tilted. Kept trying to fit myself into situations than to let the situations fit into my strategies.
Sat around and looked for opportunities and used my scanner to find my big winner for today. Started trading 150 shares w/ a $1 stop and was making hundreds. Scaled up to 300 and was making thousands over 3 trades. Took big risk with wide stop and tried to time consolidation which was working. Was halted a couple times and tried to continue what I was doing and lost 500 afterwards and called it for the day. Took big risks to make up and profited in the end.
LESSONS:
Dont hop into situations that dont fit your plan.
Wait for situations that fit your strategy
You dont have to pull port every time, if the stock is moving a lot you should lower qty and widen stop loss. PROPER RISK MANAGEMENT