It is time to learn from the damn mistake.
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One - I have been trading lower price Big Mouth stocks using increments of 10 to 25 cents. SGR is high enough priced where I should have been using maybe 50 instead to leg in.
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Two - once the stop had been blown, take a moment to look at what is going on and don't panic. Panic never makes you money.
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Three - it is only $1500 loss. Not the end of the world. Pull the head out and get back into the game.
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Four - Look for the positives in the trade. I started following the plan but lost it when the heat was too hot. The bottom line is - I was right on the trade. The execution was not good.
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Five - One bad trade does not have anything to do with any other trade.
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Six - go have lunch and fricking calm down. A transmission job on your last car cost you over 3 times as much.
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Seven - remember you know how to make money. It is learning how to control your emotions. A high percentage of your trades would work out if you let them.
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