Wednesday, September 14, 2022

Tight stop is the right stop

SQ, not my setup. At least I used good stop discipline. When it failed the ndl, I moved my stop down. Not sorry to take a tiny loss and not sit through the chop. Market also about 30 min very tight range. 



Popular Posts

  • Clockwork trading and MRNA bring big up day
    I hesitated to trade today after Friday's freakout, but it's almost irresistible. So, how do I make sure I don't shoot myself in...
  • death by COIN
    What the heck, self!!? Opening trade, RUN was ok, in that I had a great setup and got my piece. Then I got all bunged up in COIN. Totally lo...
  • MU textbook 1 min trade +23% in 7 min
    Daily setup:  Gap above high flag Entry/play:  Trade above opening minute bar, using NEXT week calls. Management:  Initial stop below day ...
  • Monday glitches
    Lessons from the past few weeks... dramatic opens and the trading platform/s and/or trading servers can't handle it. Avoid big plays on ...