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
-
Coming back small after the chaggim. Need to re-sync with the markets First trade, DIS puts, hit and run. +22% standard bread and butter tra...
-
I've been treading water. This market has been frustrating for me. I have tried various techniques for trading all this volatility and...
-
Had a sizable down day, and took a loser home. Both problems relate to a spready option that I made cardinal sins on: in too big, on somethi...
-
Even when I'm feeling really confident, there's going to be losers. The best way to keep losses small is to keep the positions sma...