Tuesday, June 28, 2022

spreads and fomo

NKE short was the trade of the day. One minute failure pattern I see over and over again. The spreads were wide, so I had to take targets. It also made me trade too scared, but by "not wanting to give back", I tightened the stop too much / somewhat illogically and missed more. 

Lesson would be to take the ask when I can, and not wait to go out on the bid/stop. I still would have left a LOT on the table, but would have captured somewhat more. BUT, still need to have that protective stop (in the right place).





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