Hit maximum daily loss today. I have one reload left, possibly 2.
I had a really strong feeling to short where I thought longs were trapped, but I decided to wait for "confirmation" that the Pristine Method teaches. So I waited patiently, or so I thought, and found their "Money Bar" setup and shorted it. I got trapped as this wide stop setup failed and as it failed, it became a strong setup for the opposite direction, a long, but too late for me. It had some decent follow thru to the upside.
I was also considering Don Miller's "Morning after trend day," as price popped over prior day's high just before this short. I should have stuck to my normal convergence of all internals that I normally use and not try to counter trend trade. Live, lose, learn, leave.
This happens and at some point there is a limit to how many losses any account can absorb.