Trade my best setups or PASS.
WAIT for pivots to stop against.
Take MY PIECE. Peace.
Daily setup: gap up against bear bar
Entry/play: after opening wobble, established uptrend, I bought ndh/whole#
Management: Initial stop hit quickly after b/o fail. bounced off vwap for ndh, tightened stop. Last piece stopped on worst-case stop.
Psychology: Ugh. What was wrong with this trade? The melt was on lower volume and I gave it too much room. Simultaneously, market melted back toward day lows (at market ath, though).
Popular Posts
-
I've been treading water. This market has been frustrating for me. I have tried various techniques for trading all this volatility and...
-
Had a sizable down day, and took a loser home. Both problems relate to a spready option that I made cardinal sins on: in too big, on somethi...
-
After a multi- multi -week losing streak, it's nice to have another sizable winning day (albeit on small account). A+ lesson is to pres...
-
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...