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
-
First trading day of the new year. Some good picks. StreetSmart Edge crash on the open. I didn't want to jump in anyway, so restart/rec...
-
Premarket, the vibe was maybe one of those "up is down and down is up" days. Interesting that I had a feeling it would be a frust...
-
Clockwork trading principles: - Small size - Tight stop is the right stop - Pay myself first I am still trading a reduced size account, on ...
-
Yesterday was a market holiday. Today I came in too eager. SHOP too early, no protection. TSLA too eager, too big, initial loss. Very lucky ...

