Failed trade analysis:

Here’s a failed trade from last week.

Tried to short MNQ on the IB down on the daily 112down setup. Closed out the trade for less then 1r loss when I saw that there was no follow through and it was likely going to make a new high.

In hindsight, guess I should have been more patient and waited for a better setup in with the new month/quarter. Last quarter was so strong it was unlikely to fall apart at the end of the Q.

Any thoughts? #[0]