Created a watchlist for the first time, chased an entry.. paid for it... I wanted to get out at break even but I kept having errors with ToS where it wouldn't let me sell due to some price increment crap. From now on though, I will use the setting where I will buy with a limit order while creating a S/L order. This will prevent me from entering trades without having calculated the risk prior to the trade and prevent stupid application errors from happening. Lost a little bit today but this one was a learning experience that was due.
Goals for the next two weeks:
1) Create watchlists daily/develop patience and only trade what's on my WL > FOCUS only on Go-To-Setups
2) No more chasing stocks more than 5% from initial/ideal entry point. Will start using hard stops now. I'd rather miss trades than lose money from now on.
3) Half my normal size or risking max $50 until I can get a good rhythm winning ratio. At least 5 winning trades until I start going back to full size.
