Tuesday, February 15, 2022

not my day

 Not my day. For one, travelling at the open.

Initial RIVN trade was on the phone. Super-small size... which is part of why I held against better wisdom. Sold some, added later, then ultimately tightened stop too much and missed the big move (which, as of now, still hasn't made it to my p/l target). 

SQ trade was placed from my desk. Market pushing resistance and looked to be weakening. I looked for a short. Thought I got a nice setup for a short, but it didn't push down enough. Stopped out for +$6 gain, basically 0%. Not even lunch money!

Market is very narrow range today. 
Lower high is confirmed in recent days.
Today is a bounce off a potential higher low.
View everything skeptically.




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