After TSLA, I checked back with XPEV which was my #2 pick for today (after RRC, which I didn't trade). I saw a signal that I really like on the 1 min, a hammer off the bottom and big green bar coming in with volume. I loaded in, and got a huge ride!! Why did I trade it so scared on the way up that strong-af surge? The market was trading strong down at the same time. I shaved off bits to keep myself comfortable. Should I allow myself to be more uncomfortable?
LEARN: How can I let a trade like TSLA (front half) go against me and not be scared, but when XPEV does similar move, that I did anticipate ("makes sense"), I'm a coward? XPEV continues to be insanely strong. Same happened w CLF on Friday. I left a lot on the table. Even though... nice trade/both. My conclusion is that I traded TSLA wrong by holding that front half so long against me. But I traded XPEV, CLF(friday) just fine. I got 1/3 of my position off above +90%. I can't complain!!
I tried AUPH calls for continued strength. I like my entry, but the option didn't move when the stock did. The trendline broke, and the ask went up, but the bids didn't go up. That's showing me lack of demand. I moved up my stop and managed to get out green. After that, it continued flat/down and I don't mind at all not sitting in it.
