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.
Thursday, November 7, 2019
QCOM +17% just so glad for a winner
XRX overnight +50% (11/5-11/6)
UBER +1% (Tuesday 11/5)
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 🤑 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.
Entry/play: strong green volume. good pivot. hold vwap. new high
Management: It peeked above important level, but I didn't tighten stop bc 🤑 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.
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.
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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