Review trading principles and trade like clockwork: Small size. Tight stops. Pay myself first.
Friday, November 6, 2020
Regroup. Clockwork. Take MY piece.
APPS one single call, bc spreads. Can't see flag here, but provided decent pivot. Big spread gives big loss on stop.
Monday, November 2, 2020
Waiting pays.
Today premarket, the only "sort of" setup for me was NIO. I also watched BABA and JKS. I noted to myself that on days like this, without many compelling setups, I should probably not trade. As a compromise WAIT.
Waiting paid. I waited for NIO. Took it at a decent entry. It didn't run wild... which I shouldn't expect on a non-compelling day. I grabbed my profits and PEACE!
What comes next? Trading size reduced to not risk opening gains. Should I try to push my luck? I took a starter on JKS short, a bit late entry. Lost on that one. Later, went for it long into new highs after 2 tests, and got a bit on that.
And now, I.Am.Done. Hold on to these gains and go get some other stuff done.
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