Monday, February 24, 2020

AVGO -8% don't hold on hope

Good gap down setup below box, but gapped to 200dma. OK. Have that in mind. Like everything else this morning it gapped down and was bought hard in opening minutes. AVGO intraday weakness caught my eye. After surge, fail, I shorted vwap breakdown. Didn't hit any target and stopped on reduced stop. Another loser, and after I got out it would have been green for me, but I can't try to hold on for that. Holding on "hope" is not Clockwork Trading. I take my stops and keep my peace.



Popular Posts

  • Happy New Year 2020
    This year my trading vision will be 2020. Cliche of the year, but it is my goal. I want this to be the year that I solidify my skills into...
  • 2% down day. Hurt on spreads and no-fills.
    Frustrating day. Small position size helped me not destruct, but I got chopped on Z and DDOG that cost me. I think I did trade like clockwor...
  • BABA +25%. Gut trade
    Trade my best setups or PASS. WAIT for pivots to stop against. Take MY PIECE. Peace. Daily setup : Volume screen mover. The daily setup ...
  • how many ways to trade wrong
    LESSON!  I have a consistently profitable system. When I trade like clockwork I rake it in. When I get "too smart" I get whacked. ...