Inv h&s ?

I'm terrible macroeconomist. Everyone is talking about retesting June lows, or worse.

My eye sees a potential head and shoulders bottom. Here's hoping, for the sake of long-term shareholders everywhere!

F*k and luck

I traded like an absolute wreck today and only BEH I came out flat on the day. It started with going in bigger than I told myself I would, and then adding. WTAF?!! On an extended setup!! On an inside market day!!! 🔨

I jumped in too early. I yanked the best stop. I would have stopped pretty near the top, but the order didn't trigger and then BARUCH HASHEM literally! it came back down and I still traded like a wreck but was able to get break even on the day. 

So, to phrase it in the positive voice: I must stick to MY BEST SETUP, and trade it SMALL size. I am not smarter than the market.🔨🔨🔨

only a few min later

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. 

trading small

I'm trading small these days. Struggling with various techniques and philosophies... Latest thought:

If I trade small, I need to get what I get. Zigs no zags. That's my bread and butter. When I can trade much bigger, that's when I can get back to doing partials and leaving a runner. I need to earn the right to leave runners by building up with basics.

2% down open

The market opened gap down approximately 2%. Everything extended down. Because of the past several up days, though, the gaps down were back to the middle of boxes. The only way to consider a breakdown was maybe on 60 min. Lots of 60min moves below uptrends, but some of the dailies were strong. What to do?

I watched several weak dailies. Then played it really close. I left a lot on the table, but that could have gone either way. I got green. Peace.