The first 1 hour bar on the majors today, straight down. Except for QQQ defying gravity.
No great setups today, but I didn't let that stop me (ugh!). +4% day
AMC. Chased like a fool. Market hadn't shown its colors yet. Failed off daily 20sma (I notice this a lot!). See passed trade(gray) commentary below.
BNTX. Not what I hoped for, and not how I should have played it.
FUTU. Under the heading of, you can't go broke taking profits (though, I could argue...). FUTU looked like it would just drop forever. When it stalled around 140, round number, June support area, I tightened the leash a lot. Smart (/lucky) bc it did one more tiny drop and then ran $4 in 3 minutes. Gorgeous trade and I didn't overstay.
Valuable lesson in examining the trades I did NOT take. After I was "done" for the day, AMC short looked so juicy. But I don't want to tilt. I screen grabbed for reference. It would not have worked. Let's give some credit for passing when I should pass. This would have been a tilt triggering trade, so all the better I passed. Go ahead and pass! I had a great day. Take it and run (or... go spin Peloton in my case!)
