Small positions, tight stops, pay myself first לנצח

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

FB got me on trade errors. Also DIS, TWTR.

Thursday, April 30
Disney trade was clockwork.
FB trade was NOT. I jumped the gun, then a trade error, then tight stop got grabbed.
With my last money, I took 2 lotto puts on TWTR.

DIS

FB

TWTR

I *LOVE* how I traded today. +8% day, everything clicked

I LOVE how I traded today. Everything clicked. I made nice money. It felt great! I think the key points:
-Trade size that I can handle
-Use the tightest smart stop. First stop is best stop. Don't wrestle emotions of losses. Just take the smallest ding and move on.

The setup of the day was: Gap up against red bar, while strong.


AMD +16%
Breakdown of box. Shorted below premkt level. Missed my stop by a hair, then reversed and I added. Took p/l target, then squeezed stop.

FB +16%
Gap against down day while strong. WAITED after first run bc market dropping. Calls out of high pivot as market turning up.

MA +16%
Gap up against red bar. Strong, but overhead ma's so took small size, careful entry, tight trailing stop.

MRNA +10%
Massive momo stock gap below daily flag. Entered after failure of minute box/bounce. Options very spready and I got filled on bid when stock price target hit. Later trailed price stop gave a better fill bc option shifted. This option was laggy. Glad to be green, after general market surged like crazy and I managed to fill here without a loss.

AAPL -5%
Gap against red bar. Relative strength when I entered, but stopped on tight stop. No regrets to take a ding vs a whack. Even when I missed the real move a little later, I wasn't upset because I had a nice day today and no reason to hack around.

NFLX redeems ridiculous DGX trade and MRK loser

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 like a posessed idiot, I tried to preempt?! a continuation higher. In the second minute, inside bar? I deserved that loss, and it hurt!

MRK -10%

Gap below strong up bar. Looking for continuation down. I saw the 20sma and 50ema right below on daily and thought it might get caught up there. Went for it anyway. I like how I waited for a pb, but obv not enough. I like how I stopped it tight, even if I could have gotten out better. 

NFLX +41%
NFLX saved my day. I've been watching it for weeks. Hoped to get break above high pennant, but it broke down. It was HARD to hold, and I got out at smaller targets, even though it did go to my T2 later.