Daily setup: dead cat bounce
Entry/play: After it held second intraday low, bought surge off that box. I stopped by about 2 cents and was upset... until later!
Management: Initial stop below day low. I only had 1 call, but that would have been a pretty big loss. so I moved the stop to below the new 1 min box that was holding.
Psychology: Good. Bummed to lose. Not bummed to be long gone for the dump.
Update, ROKU in total freefall. 10:40am @102. Lesson about the futility of hope. ROKU was 150 five days ago.
Popular Posts
-
I've been treading water. This market has been frustrating for me. I have tried various techniques for trading all this volatility and...
-
It's been a pretty intense holiday season this year, cutting my trading days but also helping me get a refresh. In general, though, this...
-
CRWD stops matter. QQQ should have tried again. COIN saved my day, but again, stops matter.
-
I'm trying to focus on taking only perfect setups. Yesterday TSM was a great setup, but I jumped too fast, held too long, and then after...