Thursday, December 16, 2021

+12% the hard way

Big up day, but I did it the hard way, and surely with ^help. The trades I should have held, I sold, the one I should have sold I held.

INFY big juicy setup. But market was selling down and I didn't trust it.

PLUG looking for gap up failure. What I did right was enter on the pump. What I did wrong was yank before the big move. Rationale was mkt moving against my trade, and I was shorting a gap up so I wanted to book it. This is good logic and I still believe it's good management, but maybe I should have left just one for the runner. Or, you know what, get MY piece and PEACE!

ROKU eats its young. Huge down day yesterday and gap up today, but inside. When market started to drop, and ROKU tested highs and failed, I went short. Ask went to my target but no fill. I hesitated and didn't yank it (greed, or good probabilities?). Was pretty mad when I rode it back to the top for oversized loss potential. BH market kept dropping. ROKU tested the 215 several times and I was prepared for it to pop (and then hopefully drop). BH again, it flushed without popping and I was able to get out with a different kind of order. Instead of limit order (hard w roku spreads), I did if bid>4.8, sell mkt. I figured I'd get at least 4.8 and maybe more, but I filled at 4.71. Mostly relieved to get out green, and even more relieved that later I see it's the best I could have done.

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