why I made such a stupid mistake:
- technical wise, there was no reason for me to be in this trade other than trying to be in the action..while trying to play a possible bounce. I should have been more patient by getting an actual reversal signal before jumping in.
- I knew that a short squeeze on the general market was coming. Everyone was talking about it, so why was I going in front of a moving train and getting ran over??
- I was too focused on 1min chart, when 5 and 20 min were very bullish on SPY. Basically, i was going against the general market when entering this trade...feeling I was so smart by betting against the herd.
- subsequent trades on FAZ were based on revenge mentality - the thinking that "i will get this right!"....yea right you idiot!
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