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
-
Wrecker of the day was the UAL puts in the open that I tried to get too cute with, way too big, too much room. Put me above my max loss bef...
-
Today's goal: Focus on really good trades. Not sloppy stuff. Get in, get out, walk away. I moved 75% of my cash out. I'm trading bab...
-
I think the uptrend is cancelled. I think today was "a day to take notice" in the indexes to the downside. Other recent days to t...
-
Since ath April 7, I've had a string of losses. I reverted to old bad habits to try to dig out of the hole, of course making it worse. ...









