WAIT for pivots to stop against.
Take MY PIECE. Peace.
Daily setup: gap up into ma tangle
Entry/play: After initial pivot and surge, waited for another pullback then bought calls next surge.
Management: Stopped below signal bar. F! Then it based just like BABA yesterday and surged again. But meanwhile, the market started dropping out hard. I thought this would reject the daily ma tangle so I took a small put position after bullish pb/pivot and I ate that one too, including giving it too much room.
Psychology: Really bummed to not still have my calls when it finally ran. Looking at the chart, I picked the wrong stop, by just a few cents. I feel like sometimes I'll eat those and sometimes I'll be really glad to stop, so I need to comfort myself that I did my thing correctly but it didn't work this time. However, there was NO good reason to take the revenge put. I should have waited for a new long signal instead of rushing into puts.
Gave back my MU gains. Booo.
