Daily setup: Strong opening move, then base. postO
Entry/play: 1 min move above base
Management: Market had surged and also basing. Market looking to move, this looking to move I got calls. Initial stop below base. Stopped 1/3 on tight stop below recent few min. Reloaded when it strengthened again. P/L target (didn't sell at first trigger, when I feel like I used to get better fills), then stopped on squeezed stop and last bit on wider stop (these executions didn't seem to time lag more than I'm used to. didn't notice about fill quality)
Psychology: Good. Nice calm trade by the book. I wished it would fly, but It didn't fly in my timeframe and I got a good piece. PEACE
Popular Posts
-
I follow and admire the trader Mark Melnick. His Newsbeat trading room (of which I am intermittently a member) and his YouTube Newsbeat vide...
-
Sometimes I get feedback that this trading journal is very harsh. I guess it is. Especially when I get out of the habit of journalling eve...
-
No surprise that when I trade on a day with zero great setups that I get hacked up (at best!). I'm lucky I didn't get totally smack...
-
Market inside open after a really strong day Friday. I need to get back into the routine of annotating, logging, journaling. WYNN gapping in...