Another sentiment to remember is, even though there was more money... it's only clear in retrospect. I got my money. Peace.
If I try to hold for more, it's a recipe to get burned.
Burn of the day was NVAX, which I held through a spike to ndh, but then didn't give it subsequent room to fall apart which it did. However, I have learned over and over, despite Meir Barak and his "I trusted it to go down" schtick, for my own purpose, I prefer tight stop is the right stop. I already held the spike and set my stop above there. Then squeezed it down. Don't want to go to the worst case scenario again. Take a small loss vs a big loss and call myself lucky. I could have re-entered, but it would not have been right to hold.
MRNA in contrast, no regrets taking what I took. Could have entered that again potentially, but was not right to try to hold.
PTON. Here we go again. I got my piece. The fact that it pulled back then continued more should not change the fact that I traded CLOCKWORK. I traded my rules. I got my money. Peace.
The impulse to try to hold for more is sheer greed and I need to resist that. Just trade my clockwork trade.
SPY... I know what that's about... that's the edge of tilt. Not a bad premise, and I traded my rules, but also I know that my picks were played out (9:45am) and I was grabbing after the fomo on NVAX. Lucky few bucks on a very small position.
