It seems a bummer to take that first p/l target, because "it's working". But these can turn on a dime. Need to pay myself. Then it's easier to hold the rest.
Today it felt hard to find picks. The market has run up like bonkers, and today the open was slightly down, so a lot of the setups were "off the highs" vs breakdowns. My picks were BA for trendline breakdown and ROKU for reversal at moving average tangle. I also traded TSLA on Meir call, and got a smidge out of that, but I traded far otm to keep my size and volatility tolerable.
I like how I waited for entries, ESPECIALLY on these daily reversal plays. Even though short on a down day is the play, the market is bull in general.
Something to ponder: what are appropriate expectations trading down days in bull market?
Something to ponder: what are appropriate expectations trading down days in bull market?
