I broke a rule jumped in pre-market figuring this would push a big move. Should have realized that it had not cleared resistance.
Then made another "mistake" and doubled down after it went against me, which put me on more size than I would want to take buying into a loser. After doubling the position, I had a 2% risk on the position, which is more than I would want to take on this type of set up.
I woke up early with a clear head. There would be no chasing losses. I needed to right size the position. There was a a .30 gap in the am and used that gap to unload 1/2 my position and get back to an appropriate size. I avoid an over size risk. The stock held its bounce and went higher all is right in the world.