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
-
Setup: AVGO top on my volume mover screen. Trading above 4 day bear fin. Intraday spiraling at vwap. Market dropping. Initial position (blu...
-
I reached the qualifying threshold in 2 Apex accounts. Also busted in one while figuring it out (platform, orders, sizing, etc). I need abou...
-
Back to the habit of trade review blogging. After a prolonged and wonderful uptrend, we're now pulling back. Daily stochastics finally ...
-
The very best thing I did today was review my "lekachim" list of strategic trading reminders. It helped me focus on proper trading...
