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

  • Tuesday 2/11 trades
    TMUS loser CRWD gainer SPY both ways ugh.
  • BABA -14%
    Trade my best setups or PASS. WAIT for pivots to stop against. Take MY PIECE. Peace. Daily setup : Gap up (extended), above doji bar En...
  • wait and try again
    Remains to be seen if wait/retry is a good technique for me, but today UPST was my favorite setup. At first, it was the only one I watched t...
  • Aug 20 reflections
    Reviewing "lekachim" strategic trade reminders helps focus me. Do this every day. Especially helpful lately is to remind myself t...