Daily setup: gap above huge base
Entry/play: long above early 1m pennant
Management: based on $ available, I took one itm call. Then traded scared. Trailed stop, and eventually tightened enough for decent stop/limit.
Psychology: At first I regretted getting jerked out, but ndh didn't hold. It dropped back down to vwap. Much later it made another new high, but I don't mind being out before the flush. I got my piece.
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...
-
Overdid it on a Friday. JD was a proper setup and worked great for terrific gains. CRM was not a proper setup. It didn't work and I hac...
-
It's been a pretty intense holiday season this year, cutting my trading days but also helping me get a refresh. In general, though, this...