Daily setup: Hammering on volume, still in this pennant I'm watching
Entry/play: After ndh surge, bought in box. Way too early.
Management: Initial stop was pretty far bc box was too small yet. My initial thought of a "tight" stop would have shaken me out, which is another lesson about waiting longer.
Psychology: This trade didn't come easy. Was a bit of "work". Partly bc too early entry and also bc it didn't surge like I hoped. (What can I expect for nms?) At the beginning I was scared because my move didn't come quickly and there was a tiny spike down below my comfort zone. Was glad to be able to move up my stop. Ultimately, I got lucky on this one.
Popular Posts
-
Did I think I could resist a trading day? Am I addicted? Maybe? It just seems too easy to sit down at my desk for a few minutes and squeeze ...
-
When I last posted, I was doing great. Winning. Psychologically sound, disciplined trades. I literally developed a nervous feeling that I wa...
-
(see also previous post, use the brain ) Saga of the lizard brain trader (long term account edition). Morning update on today's freakout...
-
Two green trades today. On LI, I waited and it went well. On MU I jumped too soon, waited with bag in hand, still did ok. I do like how I e...