I've hit the point of ecstasy this morning, beyond exuberance! My brain can't handle any more dopamine or adrenaline, or whatever is making this feeling! Between my scalping account and my swing account, I have had a huge green morning. I was jumping around trying to manage all the rocket ships I'm riding. I scaled back/locked some in, and it feels pretty obvious that I am not clearheaded to take any additional trades today.
Market climate right now feels super hot. Morning scan shows only SPAC/meme stocks making ridiculous moves. Is this what it was like to trade in the 2000 internet bubble? Just rake in money every day? Will it burst? Gives a vibe that only retail is trading this week (preceeding Christmas). I can ride the rocket, rake in what I can, but not stick around. Get MY piece and get the heck out!
I must bring charts, but I need to calm down.
One of the things I'm noticing, in QS and TSLA, I let volatility shake me out and I missed the move I "predicted". How do I contrast that to trades where I am "right" to yank it before the target. In part, it depends on the action. Also, this is why I like to take more than 1 option, so I can scale. In TSLA I was just too scared (too big?). In QS, I was deep green so why didn't I hold?
