1/23/12 Trade results: 5 trades, $285 profit. Trading hard trends and breaker signals

Today I had 5 trades for a profit of $285. I made 1 really big emotional mistake and took a loss of $100 on the trade. The trade should of had a max loss of around $50-$60, but I let my stop get hit at 5 points, which was way out of the way of the initial invalidation point.

This type of a mistake is an amateur mistake that needs to be corrected / never repeated. I will make a video later on discussing how I should have managed that position properly. It will detail the concept of invalidation points and risk elimination upon movement of price in your favor. I did not apply any of those concepts during that trade, big mistake!