Friday, July 29, 2022

break beyond small vs big base

I will start to track gaps beyond base plays by big base and small base. 
A big base would be a multi-week pattern. A small base would be a few/multi day pattern such as a flag/fin.

Today, INTC for example. I liked the breakdown of the daily flag, but there is a multi week base there too that it sort of broke down. So is that my setup or not my setup? The gap down was huge, so I can't ignore that nearby low. Anyway, it didn't work. Loser and ate the spread.

So, in the name of stopping this frickin losing streak, I'm walking away with one loss. Big loss on small trade. Small loss on account. Discouraging nonetheless.



Wednesday, July 27, 2022

excellent trading today

I love how I executed today. Got the PYPL opening range break at 10:05, but it didn't continue well. Tried again off the vwap and that was the $$. I locked it "too early" but I got my piece.



Tuesday, July 26, 2022

Foolish trade

 Foolish trade in the afternoon. Too early, lucky to get +2% stopping in the spike. Bad all around, including bad use of psychological capital.

Need to resume annotating before leaving my desk (vs later on phone)



Monday, July 25, 2022

Monday off/not

 I got max loss last week. Ugh, so frustrating!

Today I took CAT calls (lol "cat call") for 10%, a real hit and run (on my phone...). While on mini vacay visiting KA.



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