Monday, October 7, 2019

UBER +1% thanks to zero-comissions. Itchy fingers trade.

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.


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