Thursday, November 7, 2019

BIDU +6%

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.



QCOM +17% just so glad for a winner

Daily setup: Gap to new highs
Entry/play: new high after high pivot
Management: target and trail
Psychology: pretty good. I left a LOT on the table (as of 10:20, it trades 92.25 and option would be up 100%), but I would have had to hold for a flush. Just so glad for a winner.





XRX overnight +50% (11/5-11/6)

Daily setup: gap up
Entry/play: preempting new high?
Management: had already run up a lot on daily, and big spreads. Should have passed.
Psychology: F*ing wide spreads, too scared to take stop/market. Yanked a stop limit. Got real lucky holding overnight. ugh.




UBER +1% (Tuesday 11/5)

Daily setup: gap down
Entry/play: vwap test and 1 min new low
Management: trail stop.
Psychology: bummed for loser. so much chop lately. but no regrets when it continued against me.





Monday, November 4, 2019

$BABA burn -20%

Daily setup: preempt breakout of huge base
Entry/play: strong green volume. good pivot. hold vwap. new high
Management: It peeked above important level, but I didn't tighten stop bc ðŸ¤‘ greed. Finally stopped below level I can't deny.
Psychology: bummed again. BABA doesn't love me again. I imagine I've lost more than I've ever gained trading this pos. I don't regret giving it room, but I definitely am bummed to get the loser scenario vs winner scenario.





XLNX didn't take my piece -16%

Daily setup: Gap up into resistance, no news, market starting to come down
Entry/play: lower high
Management: trail stop. didn't get target, stop on reduced stop
Psychology: bummed. second loser of the day.




$MU I got suckered -8%

Daily setup: volume gap above downtrend
Entry/play: New high after pivot low
Management: Trail stop. I didn't tighten near top, and I didn't leave it loose enough to survive.
Psychology: Bummed. I was "right" but got scared of big red volume bars. I think this is a case of the small chance I'll get suckered by doing the right thing. I'm going to eat these sometimes.







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