Long VXX at 31.19, sold at 31.34

Today, Friday, was really a crazy day in the market and the VIX was shooting up. I figure why not ride some of that momentum and buy a dip?  Instead of looking at MACD, like I should have, I only looked at price and at the first sign of weakness I got in, in the middle of the day. Big stupid idea. No risk management, no regards for technical indicators, no stop loss order,  no plan, nothing.  I was lucky that there was a second rally in the afternoon and I was able to get out without too much damage. Except that next week I will have less liquidity because I will have to wait for my trades to settle.  Real smart.