Wednesday 4/10/2019
I had a well-being score of 4.5/10 this morning. But I made a decision to trade full size today. Too many days on SIM and half shares. Nerves on the bad side.
I took one trade today with MU .
AAPL, TSLA and AMD were the stocks really setting up in the premarket, but 9:32am arrived and I still saw no 2min ORB setup. Then MU formed a mini ABCD setup. MU bounced nicely off of VWAP twice. I went long on the second VWAP bounce with 41.83 as my S/O and 42.12 as my target and 42.00 as my first partial. I got a bad fill which dropped my R/R to slightly below 2 (~1.8) but I thought good enough to hang on plus trade immediately went into my favor. I was concerned that my first partial level was too strong as a TL that it may not punch through. That has happen to me before and it looked like it was about to happen again as the price bounced hard off the 42.00 and moved back down to within 1c of my B/E where I almost S/O. But an instant later it moved higher. That near S/O got me nervous and I took another partial though it was not at any TL. Then it reached my target where I took a partial. I got a bad fill on my last partial and the stock started heading down where I exited completely at B/E.
When I took the trade:
After that trade, I took a few minutes break from the platform. When I came back I didn’t seen anything setting up well except MU again as a short. But I wasn’t very convinced so I decided to take it as a SIM trade. I switched my platform to SIM and I was surprised it took a live trade. After I worked with DAS support, I have taken a few SIM trades without issue. But, apparently there is still an issue. I immediately got out of the trade and started a long chat with DAS support. After a long chat and two uploaded videos I am left still in doubt of the platform. Tech support thinks that since one of my 4 montages did not have the “global” clicked caused the live trade. But I did not use that montage for the trade. After clicking the “global” I tried it a few times and got a live trade again! But, when I manually switch over every montage, one by one, even though I will not use the montage for the trade, the SIM seems to work, But that is almost 50 mouse clicks to safely switch from Live to Demo. Besides being painful, in case I make a mistake with one of those clicks, I am back in a live trade again. DAS tech support said I should make some videos and email it to the developers. I guess it is possible my layout is unusual enough to cause some issues.
What I did good today: Waited for the setup, didn’t force a trade just because the time was 9:32.
How did I challenge myself today? Finally took full shares in a trade. It’s been awhile. I didn’t want to lose my nerve.
What I did bad today: Took early partials.
What can I do better tomorrow: Need to control my nerves on the partials.