Friday, February 11, 2022

chop for red day

Bigger down day than I would have liked, but still super green week. Most important is self-discipline and clockwork, and I was about a B+ on that today.

AFRM. Gap down, for continuation but still within massive range. Waited for the sellers to exhaust and then got puts. Didn't follow through where I hoped, but hope doesn't matter. Just technique. Took my target, took my stop. Disappointed but green, and after that it reversed hard so I don't regret it.

Z... ugh. Big gap up on earnings, above box, but right into the 50mas. Waited for sellers to exhaust and entered on hammer off a decent pb level. Held through a lower low. While the market was surging Z was struggling. I actually said to myself, "Why it this having such a hard time?" Obv, that's bc there are overwhelming amt of sellers. It got above 55, I tightened my stop and planned to reverse. The reverse also didn't follow though well.
$STUDY Maybe I should have only gone long if it not only bounced off the level I liked, but also got back above vwap?

So that's a wrap. A bit oversized total loss on day. Is that bc Friday? I don't think I was undisciplined. Also the trades I passed on wouldn't have been winners. Just not a day for my type of trading.





FOLLOW UP MUCH LATER, UGH... (that's not my money. too bad. peace)



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