Friday, September 27, 2019

MU 2 trades: -2% and +29%

Daily setup: gap below bull flag. Opened below 50mas and dropped straight out.
Entry/play: puts after 1 min pullback
Management: Initial stop above few-min box. Then when it made ndl and bounced back in, I stopped on squeezed stop. When it reversed back down with volume I got in again. Initial stop above new pivot. Trailed stop. Took T1. Kept trailing stop. On hammer with volume, I squeezed stop and got out.
Psychology: Good. Keeping positions small bc CCL burn and bc today expirations.

Got my feet back under me. Reaffirms confidence in my system. Now I just need to climb my way back and beyond.


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