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
-
Two nice setups today: TTD and ADI. Both big gaps on earnings, all the beautiful levels, etc. Both too spready to trade 🚩 TTD I thought I ...
-
CRWD stops matter. QQQ should have tried again. COIN saved my day, but again, stops matter.
-
Smart or lucky today? Does it matter? I think trading is analogous to backgammon. There is strategy of game play, but there is also luck of ...
-
Was it a good day? NFLX redeemed me. DGX -26% First I took a WTF trade on DGX. I looked at it and thought, "blow off top", but ...









