Daily setup: Gap up, earnings.
Entry/play: Gap up must sell off first. Wait for pivot.
Management: Initial stop below day low, then quickly trailed belwo signal bar, then below entry bar. When it stalled near 216, It was not at my target, but I'm giving zero tolerance, esp bc market opened with a dump. Watched level2 for clues. Took off 1 on limit order. Raised stop on remaining one arguably too much or too little bc I gave back a lot then missed the next leg.
Psychology: Good. I wish I lost less on the second one, but I like how I managed the trade. Felt good in it. Got my piece.
Popular Posts
-
Trade my best setups or PASS. WAIT for pivots to stop against. Take MY PIECE. Peace. Daily setup : Gap up (extended), above doji bar En...
-
Remains to be seen if wait/retry is a good technique for me, but today UPST was my favorite setup. At first, it was the only one I watched t...
-
Reviewing "lekachim" strategic trade reminders helps focus me. Do this every day. Especially helpful lately is to remind myself t...
