Oh yeah man. I typed FOMO in my OP. Haha.
There was a large gamma wall at 130. When the 5 minute bar closed above I entered a starter. When it restested and appeared to bounce off 125 I bought way more. Then it wicked hard to close that tweezer candle and closed below 125.
I should have exited it there for a probably 15% loss but I let FOMO continue to guide me.
The trade setup wasn't perfect but the real killer was the lack of discipline to hit eject at my own line in the sand.
Couple that with a 4x position size and you've got a decently educated, yet still extremely novice trader making a huge mistake.
There was a large gamma wall at 130. When the 5 minute bar closed above I entered a starter. When it restested and appeared to bounce off 125 I bought way more. Then it wicked hard to close that tweezer candle and closed below 125.
I should have exited it there for a probably 15% loss but I let FOMO continue to guide me.
The trade setup wasn't perfect but the real killer was the lack of discipline to hit eject at my own line in the sand.
Couple that with a 4x position size and you've got a decently educated, yet still extremely novice trader making a huge mistake.