Daily setup: massive gap up, earnings
Entry/play: I entered by mistake.
Management/Psychology: I looked at TGT in opening minutes, passed, looked at AAPL and wanted calls on that one. Somehow my interface didn't switch the linked option window to AAPL even though the chart was on AAPL. So, by surprise (!) I had TGT calls instead. What do you do? Some people might jump out right away. I decided to set a tight stop and see if I could squeeze anything out of it. It was on my watch list, after all, and it was acting decent. So I got about net 1%. And I missed the boat on a move that would have given me about 40%. But I think I should call myself lucky not to have taken a nose dive on a mistake trade.
Popular Posts
-
Yesterday we did get the break above levels. Right into the 50mas, but OK, there's going to be a lot of overhead levels from where we ar...
-
I hesitated to trade today after Friday's freakout, but it's almost irresistible. So, how do I make sure I don't shoot myself in...
-
We were away all last week on vacation. I took a few small trades, against my intention not to trade on vacation 🚩. Losers, which is what ...
-
Learned this morning and came in 9:40. Used the TradingView rvol screener in real time (5min) to see what was moving. Caught a few quick mo...
