Wednesday, October 26, 2022

f'lucky

Very lucky day today.
No great setups. Set my eye on BA for no good reason. NMS. Shorting something strong. I "imagined" there was overhead resistance, and the market was weak, BA pop/dropped in the premkt. Totally idiotic pick. It has wide spreads, the option has insane spreads. Need to blacklist it

Market opened strong, BA traded strong. Market weakened, BA didn't weaken. I traded like a total jerk (ignoring stops...). It formed a pennant at the top. It teased down, then shot up for ndh. I held. Out of nowhere (bc testing 150?) it finally fell to pieces and I managed to get out for +10% on first half, then held the back half too long as it retested vwap (bounced halfway back). So took the second half for +10%, given the chance, but then it did make ndl (not shown). Lucky to get out of this even a little green vs painful red.
15 min

Later... 😭


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