Wednesday, February 12, 2020

UNH -5% then it ran without me

Daily setup: gap
Entry/play: after initial surge and pb near vwap, preempt ndh
Management: initial stop below pivot, then raise stop below breakout area. I got flushed on volatility there, and then it ran hard way past my target.
Psychology: OK. MU gainer was nice green cushion and that helped a lot. Here I went smaller not to mess that up. Was my stop too tight? No. I just got shaken out on chop. That can go either way, so I should just stick to my plan. A bit of fomo but I got my piece, and this time my piece was a small loser.



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