Small positions, tight stops for the win again!
Take profits. Pay myself first.
This is the SANE way for me to trade, although possibly I overtraded today (particularly NFLX)
I don't sweat losses because losses are small and I have money to reenter.
Market gapped down, then wiggled not giving much help after the gap.
And it's all about minimizing losses.
TWTR
Followup, with add today
BABA
Great short setup on daily
NFLX
Should have stuck with long bias
AAPL
In retrospect, I squeezed out the "hard side" of this trade. I passed on the second leg up.
V
Friday, May 1, 2020
Popular Posts
-
Daily setup : relative weakness, surge failure, nms Entry/play : preempt ndl Management : trail stop. Only one put so when it got close to...
-
Daily setup : Gap above high box Entry/play : 1 min new high after pivot Management : trail stop, p/l target then squeeze stop Psychology...
-
If I'm praying over a trade, if the only hope I have left is Divine intervention, I'm not following my plan. While I do believe tha...
-
Today the market gapped up pretty big then chopped/frustrated as it faded. The setups I liked were all gap up longs and all couldn't hac...









