Friday, January 20, 2023

real quick Friday

Hit and run, some real quick trades this morning. I have a lot of ammo left, but I don't want to get consumed. I made nice money in about 15 market minutes and I'm going to go have a day. Esp Friday I don't want to get absorbed.

BABA st level. Got in too early, but stop wasn't breeched and I added small to smidge oversize. Took "10%" target (turned out to be 8%), then set the rest for a 20% target (turned out to be 18%, looks like I thought I entered $1 but was actually $1.01) on the original. Happened fast and somehow exited all. Don't want to try to meddle back into it. Take my terrific gains and go have a day.

META, trying to preempt the st level break using strength of a 1 min bottom. Bit of a late entry and chickened out in opening volatility. At least got b/e.

Don't want to give the market any more of my mental energy, but as I watch BABA losing it I see I probably wouldn't have gotten more. META continuing and breaking st daily level, but would have been a tough hold for 0dte. No regrets to take MY money and gtho.

Shabbat shalom!




Before I leave my desk, interesting how similar daily setup is trading differently. BABA already broke out and was a choppy trade. META broke intraday, but the strength is there.


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