Daily setup: 123, gap.
Entry/play: waited for pivot
Management: Stop below pivot. P/L target, and squeeze stop.
Psychology: Terrific! Great start to the year. Healthy trade, green right away, straight to target, then held my gains.
After I sold, it dropped below most of the stops I had along the way, but then it went bonkers. That is not a regret. I got MY PIECE. If I had extra money, I see where I could have re-entered, but I never should have tried to hold. I did it exactly right for me. Good form. Healthy psychology. PEACE.
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...
-
*This site is my personal trading journal for educational and entertainment purposes. I am not an investment adviser, and nothing on this si...
-
I looooove this trade. It did exactly what it was supposed to do. Watchlist stock, up 8% open. I waited . Opening bar. Pause. Slight ndh, ...
-
Ok yes. In mid October I did mistrust that bottoming bar. Since then, follow through. A few really nice green volume bars, that accompany ...