Friday, February 18, 2022

ROKU eats its young

Nice opening trade on INTC. Burned both ways on ROKU huuuuge gap down on earnings. As I know, ROKU is hard to trade.

I liked the short entry, but I got burned on this thing I've been noticing about not waiting enough for the break through vwap. Obv in retrospect, but the 10:07 vwap break was the play.

Red day. Green week.






Thursday, February 17, 2022

Standard green day

Not a stellar green day, but +5% is a really good gainer. Follow my rules. Don't knock 5%. If I can consistently pluck out 5%, or even 2%, esp quickly! with low stress! I'll be soooo golden.

I like my picks. I like where I passed (DASH), I like where I waited (FSLY) I like how I cut small losses (NVDA). 

Hit and run. I have amazing plans later today! Peace.



Passed on DASH calls. B"H

Checking back later, I did just fine.


Wednesday, February 16, 2022

nice quick money

 UPST gorgeous setup. Gapping above the 50s. But very volatile, very spready. Waited for pullback. It +/- held the 50ema. Entered small (at? not exactly above the vwap, see recent post). Added above vwap. Got gorgeous first exit and then tried to hold. Missed the second fill on a limit order but also second exit on stop not shabby and definitely no regrets.

Beautiful opening trade. Colonoscopy day so I'm going to take my money and shut it down. 

A little later...


Tuesday, February 15, 2022

not my day

 Not my day. For one, travelling at the open.

Initial RIVN trade was on the phone. Super-small size... which is part of why I held against better wisdom. Sold some, added later, then ultimately tightened stop too much and missed the big move (which, as of now, still hasn't made it to my p/l target). 

SQ trade was placed from my desk. Market pushing resistance and looked to be weakening. I looked for a short. Thought I got a nice setup for a short, but it didn't push down enough. Stopped out for +$6 gain, basically 0%. Not even lunch money!

Market is very narrow range today. 
Lower high is confirmed in recent days.
Today is a bounce off a potential higher low.
View everything skeptically.




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