Thursday, September 12, 2019

BUD +18% really lonely trade

Daily setup: Gap above box
Entry/play: new 1 min high
Management: initial stop below day low. Take half at p/l target. Then I realized I'm LITERALLY the only one in the trade. I bought 2, sold 1, and day volume was 3. So I squeezed stop hard.
Psychology: OK. This is my textbook setup. It behaved as I expected, except for low volume. I like how I traded it, even if it was small position, small $ gain, it was a decent % gain and that's how I need to trade.
Immediately after I sold, there was some news that spiked the whole market, but it didn't run to my target.



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