Plan Your Trade, Trade Your Plan

I dug out of a $3000 debacle over the past few days.  Lost my discipline today and started taking impulse trades and not following my plan.  One perfect example of this is my PWAV trade.

My plan - Entry @ 3.91, Stop @ 3.81 with targets of 4.01 / 4.10 / 4.25
Missed my entry, and tried entering on break of HOD @ 4.12
Original thought was to give it 0.10 wiggle room with a stop at 4.03 - blew it.  Put in original Stop of 3.81 today
Increased my initial risk by 350%, and took the loss.

If a trade is not going my way, take the loss. I can always buy back if it starts moving the right way.