June 2024 Trade Review¶
Summary¶
Last Updated: June 19, 2024
Trades¶
ANF - June 10¶
| Field | Value |
|---|---|
| Direction | Long |
| Entry | - |
| Exit | - |
| P&L | -$250 |
What Happened: Trade went in the right direction initially, but:
- Didn't take partials
- Didn't raise stop to breakeven
- Bad position management led to loss
Lesson: Always take partials at target and move stop to BE.
Coinbase - June 12¶
| Field | Value |
|---|---|
| Direction | Long (Dip Buy) |
| Entry | - |
| Exit | -10% |
| P&L | -$450 |
What Happened:
- No stop loss set
- Bought the dip but it didn't recover fast enough
- Held hoping for recovery
- Eventually sold for 10% loss
Lesson: Always have a stop loss. Dip buying without a stop is gambling.
Monthly Stats¶
| Metric | Value |
|---|---|
| Trades | 2+ |
| Wins | 0 |
| Losses | 2 |
| Total P&L | -$700+ |
Key Takeaways¶
- Stop losses are non-negotiable
- Take partials when in profit
- Move stops to breakeven after partials
- Don't hope - have a plan