Wednesday, August 3, 2022

look left... more!

MRNA, wow! The one I didn't trade. TBH, would I have gotten the whole ride? How can I find, trade, and stick with mega winners like this?












CVS paid, but was not without some worries. In the second minute, it spiked and reversed. Didn't get a chance to enter my target order. Had a few minutes of stress as this consolidated but the market was moving down. Was able to enter an improved stop and get my pltgt. I hoped above 100 it would launch again, but not here for another pb. Took my $ and ran.

SBUX was, in retrospect, nms. Took a small size there, not to ruin my CVS gains. The gap setup seemed ok, but looking again... more to the left... it gapped into a level. I should have passed. Also, I tried to get cute picking it off the 1 min bottom, and I think I did that ok. I waited, watched lvl2, but it was doomed from the setup. When it quickly failed, I gave it wayyy too much room and got lucky to get out green. 
LESSON: This is an example of toxic gains.




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