Hi hive fam.. well, you can't win em all..
Actually, I much prefer to lose some paper trades now, and save the wins for when REAL money is on the line. ππ
I woke up and immediately checked on where VIX was.. what?! it fell down to 13.75.. not good.. but that's how it moves.. just like price, the VIX moves up and down.. hardly ever in a straight line. Who knows, maybe it will get a good UP move and be above 15 on friday, and I'll finally get to trade for real again. It's only been about 2 weeks of this forced vacation from real trading, but it feels more like 2 MONTHS! :P
Here's what I saw when I opened the charts this morning..
Look at that DROP..
π something's preventing my pic from loading.. oh well.. trust me, there was a pretty HUGE drop in price.. about 5 bars in a row and covering pretty much from the top of the chart to near the bottom.
I waited for a turn, but price looked determined to head DOWN some more. Who am I to argue.. I got in hoping to ride this move to the end.
It was some bad timing.. if I had only waited another 10 minutes or so..
Price was just waiting for ME to enter going DOWN, and then soon after it went ahead and started moving UP..
I was stopped out. :( but oh well. It happens. I had a 1X stop in place, so I only lost what I would've won IF the trade had won. (of course, there are a few other things like slippage and fees) I'm not really tracking my paper trades, but I believe this is my first loss since I started paper trading last week.
ππ€ππ