Post-Mortem July 3 AMZN put.
No excuse for this trade. Was totally emotional, based on what I expected the market would do, and not based on the evidence. Then, I persisted in holding onto the belief, despite watching the trade turn against me.
Lesson learned: I have a tendency to trade emotionally, and it is dangerous. Once I make a bad trade, I keep looking for confirmation that the emotional trade was correct, instead of facing up to the error and getting out fast.
It is a sobering exercise to do post-mortems on a public board. Keeps me more honest with myself about my limitations.
Reset all of my charts today and have multiple post-its all over my computer.
Start over. Today is new day.
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