Walmart Inc.Short
WMT 99 PUT Exp March 7 (Loss but trade went to my TP)
My analysis was correct, but I closed out due to my emotions being high right after a loss I took prior to me getting in the trade. Price rejected off the 50% fibonacci level, broke the counter trend line it made on the 4HR timeframe, and gave me a break and retest below the 200EMA. If I would have held it longer and trusted my analysis then I would have received the reward. Lesson learned.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.