NEVER fight the tape! I fought it like a fisherman trying to get that dolphin. Oh well, At least I have a short term loss Anyhow onward for friday. The loss could have easily become a 15-20K loss If I kept fighting
There are great ways to prevent this. Try not focusing on price so much and focus on price in relation to time.
Friday is generally not a good trading day (at least imho). for one, there is an options expiration on 1 friday each month. Did an analysis a while back and found more Fridays down than up. I always remind myself ahead of time and even take the day off. Your experience may be different.
I sure hope athlonmank8 meant something less [insert favorite adjective] by "price in relation to time".