Trade Review:

In light of some transparency I took a loss on

$IWM CALLS this morning.

The important thing with trading is to be open minded.

$IWM PUTS +150% came right after.

I was exposed to more risk on the loss because it was in the middle of a range on both time frames.

Lots of traders average down on losing positions and lose even more.

Lots of traders try to fight it and open new positions with the same bias.

If you do this you're setting yourself up for failure.

I saw LOD break and took advantage of it.

Lower risk higher reward paid and made back the loss.