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Discipline · Lesson 16

I moved my stop 3 times and it cost me $36

IPDN short

Half off
already taken
Stop tightened by hand
3 times
A normal bounce
took me out
Made
$140
Left on the table
~$36

"The data has always said not to do this."

Watch the Short: I moved my stop 3 times and it cost me $36▶ Watch the Short

What it taught me

My algo was short IPDN and had already taken half off. I tightened my stop by hand three times, a normal bounce took me out, and then the stock kept falling.

Leaving it alone would have paid about $36 more. I still made $140, but the data has always said not to do this, and I keep doing it.

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EDUCATIONAL CONTENT ONLY — nothing on this site is financial advice. I share what I do and how I trade. All trades you take are at your own risk.