Tuesday, May 26, 2020

The making of a flat day. +2% the hard way / chop

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 hack it. I had a hard time shifting bearish because I had all gap up picks. Need to look for bull and bear picks.

In my overview I see my biggest trades were p/l targets. The rest went out on stops, mostly raised stops, but the biggest loser was worst-case stop. A clear lesson in pay myself first or else this would surely have been a chunk of red day.

My most disappointing was possibly MA, where I built into some size, but it broke/reversed before any targets and I lost 1% ultimately.































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