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.
Popular Posts
-
I follow and admire the trader Mark Melnick. His Newsbeat trading room (of which I am intermittently a member) and his YouTube Newsbeat vide...
-
Sometimes I get feedback that this trading journal is very harsh. I guess it is. Especially when I get out of the habit of journalling eve...
-
No surprise that when I trade on a day with zero great setups that I get hacked up (at best!). I'm lucky I didn't get totally smack...
-
Market inside open after a really strong day Friday. I need to get back into the routine of annotating, logging, journaling. WYNN gapping in...