Thursday, February 9, 2023

small size saves the day

All small trades this morning. No great setups. Inside open. Should have just *not*.

I tried LI long. A medium setup. It failed. -18% on small size.

I tried WYNN long. That may have been the only +/- valid setup today, got chopped. -6% on small size.

I tried CRWD long. That was not a confirmed setup, had not crossed my level, but I got over-excited when it ran off a bottom. Should never have been in it. -21% starter size

When the market really weakened, I tried TSLA short. Why short the strongest stock on earth? UGH.
Short was right idea, wrong time. When it got me back green for the day I took only a partial instead of all, then gave too much room on a stop. Closed the day with green trade +3%. 

Red day overall. I did right by trading small. Would have been "right-er" to stand back.

Will I trade tomorrow? Maybe. Today brought me down to just below goal green week. Tomorrow will have to be very compelling to trade, even though I'm itching to get back up to at least goal number.

Charts maybe later. 


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