Monday, January 10, 2022

mkt fail day

Today futures way down. It is a comfort to be a daytrader and come in flat, with cash and opportunities to work with. I closed it green, but far off the high NVDA gave me.

NVDA was my best pick. I was in too big and traded chicken (spreads), +15% on oversize is ok. Peace.

Should have stopped there. But my brain got a bull bias and I looked at FB hammer around the level and grabbed long, instant fail, and jumped short too fast. It went hard against me, and on the way back down I stopped like a chicken! Held through pain and then didn't stick around for the profit? But otoh, not willing to go back to pain so closed on downtrend break. 
FB wasn't in my screeners. Setup was ok, but do I allow myself to trade this, not from my screeners?




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