Thursday, August 18, 2022

WAIT for wins.

CSCO, I waited so well. I got a great entry. Had great gains, but didn't take enough off, soon enough. Ended that trade well enough. I tried to hold for more, but the market was dropping and there wasn't enough pressure to lift this strongly. Should have taken bigger partials... 20/20.

PLUG was... well... is this my setup? On the 60, it looks like head/shoulders top. But on the daily, looks like a 123 continuation long. When the market was strengthening up, I preempted high flag breakout. It went directly against me. I tried to get out with a stop/limit, but it blew straight through and killed me. 

Again today my notes were: flat, inside open. don't preempt
Don't preempt got me a great entry in CSCO for a green trade. Preempt PLUG trade was a complete and utter waste, and took my day green to red.


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