Daily setup: Post open, volume mover screen
Entry/play: pennant coming to tip. calls based on gap up and market holding up. Trading on phone, postopen, itchy fingers means only super-small position
Management: This isn't even a setup for a lotto, although I took lotto sizing. I hoped to get maybe a few tens of dollars profit on this trade. Instead it stopped for a literal sliver. BUT, thanks to first day of zero commissions, this was barely green instead of barely red. Thanks Schwab!
Psychology: Good. I really wanted to trade today, but had a morning commitment. On the subway home, I played this little guy. Even if it would have fallen apart, I would have been ok bc lotto sizing. That's the way to handle the itchy fingers trade.
Popular Posts
-
This year my trading vision will be 2020. Cliche of the year, but it is my goal. I want this to be the year that I solidify my skills into...
-
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...
-
File under: Lessons learned a thousand times, but never ceases to amaze me... When I keep my losses small and keep my attitude confident the...
