-Trade size that I can handle
-Use the tightest smart stop. First stop is best stop. Don't wrestle emotions of losses. Just take the smallest ding and move on.
The setup of the day was: Gap up against red bar, while strong.
AMD +16%
Breakdown of box. Shorted below premkt level. Missed my stop by a hair, then reversed and I added. Took p/l target, then squeezed stop.
FB +16%
Gap against down day while strong. WAITED after first run bc market dropping. Calls out of high pivot as market turning up.
MA +16%
Gap up against red bar. Strong, but overhead ma's so took small size, careful entry, tight trailing stop.
MRNA +10%
Massive momo stock gap below daily flag. Entered after failure of minute box/bounce. Options very spready and I got filled on bid when stock price target hit. Later trailed price stop gave a better fill bc option shifted. This option was laggy. Glad to be green, after general market surged like crazy and I managed to fill here without a loss.
AAPL -5%
Gap against red bar. Relative strength when I entered, but stopped on tight stop. No regrets to take a ding vs a whack. Even when I missed the real move a little later, I wasn't upset because I had a nice day today and no reason to hack around.
