I like how I traded today.
Hit and run, +11% and done before 9:50. This is literally my motto:
Fast in/out. Apply trading rules like clockwork. Have a day. Sleep at night.
I like how I waited for my entries, esp on DWAC, including watching the level 2, otherwise I would have taken the 9:32 ride down (toxic!). I like how I yanked off my gains by squeezing my stop at the stall and didn't take the ride down. Zigs no zags!
BABA disappointed in that it didn't fall apart on the new low, but that makes me even more incredibly glad how I managed it.
Zigs no zags! Take my piece and peace.
The stop theory for both is.. where it's supposed to run, I need to protect that surge and squeeze down along the way. DWAC was so volatile and spready that when it barely started to lose steam, I got out fast with an "easy" limit order. BABA was supposed to fall apart so when it minimally didn't, I yanked it. Read both those sentences... "where it was supposed to ____, and it didn't, I yanked it". YES.
Sometimes yanking will lead to fomo. But also... I'm up 11% 20 minutes into the day? shut up! and go enjoy life!
My trades played out. I got my money. Peace.
Have I not learned one million times, that when I start jabbing around I get burned? That is toxic.
Live with peace!!
