Ouch! I spent a lot of mental capital today.
Got into 2 shorts, both too early and held.
DWAC I managed to salvage. Spread grew very big. On the second exit, I used a price trigger on the stock, and sold part with a market order (hit the bid) and the other part I got a decent limit. 12% difference between them. This shows the real problem with trading wide spreads.
LI, in too big, too greedy, tried to be too cute. Took LI home, -19% at close on Tuesday. If I get out of this green, some how... it will be a toxic winner. Why did I short such a strong daily chart? I thought I saw a trendline breakdown. Next support was too close below, and I shouldn't have expected a strong one to collapse.
Actually, both trades, completely toxic. Lack of stop discipline. This often happens when it goes against me so fast I don't have time to enter the stop. It's a mess.
Wishing myself luck on LI for tomorrow. Needs to get below ~36 for me to see green.
