Standard green trade in the open on WDC. Got the opening move, pltgt, tight stop on stall as maket reversed. Textbook.
Then gave it all back an more on MOS "failure to fail". MOS setup was valid. Gap down on volume. Traded up, then faded with market fading, but when it reversed sharply, I got trapped bc huge spread (yanked my stop, wtf!). I need to just avoid the huge spreads. I'm not "too smart" (and not lucky enough!) to outplay massive spread.
I'm not getting a lot of setups for my breakout trading... for a long time now. I need to work on another technique. Maybe a mean-reversion technique / bollingerband plays maybe. Probably also need to invest in TC2000 so I can screen for whatever I want intraday.
