Daily setup: gap up, earnings. Gap off base at 5+ yr lows. Lots of overhead levels
Entry/play: premkt flat. 1st bar sell, then tall green volume came in. Maybe jumped in early to this.
Management: initial stop below day low. Quickly moved up to below entry bar. Tightened 1 when it stalled. Tightened 2 when it stalled again. Last 2 off on ultimate trailed stop.
Psychology: Great. Beautiful. I love how I traded this. I love how it paid.
Popular Posts
-
I follow and admire the trader Mark Melnick. His Newsbeat trading room (of which I am intermittently a member) and his YouTube Newsbeat vide...
-
Reviewing my p/l spreadsheet, it is obvious what kills me is outsized down days. REPEAT: It is obvious what kills me is outsized down days...
-
I really struggled this week. I traded terribly. Kept trying to make it back. When will I learn this lesson?! Clockwork is the best way for...
-
Sometimes I get feedback that this trading journal is very harsh. I guess it is. Especially when I get out of the habit of journalling eve...