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27.Jun.19 - DASTrader - BT Another small Green day. I couldn't spend lot of time at Premarket. Watchlist: $NVDA, $MU, $AAPL ,$AMD and later $SQ. Trade 1: $SQ. SQ was settingup for the 3c setup on 2min, I took long at the breakout. But it failed me. This setup has high accuracy for me, except this month it failed twice. I also failed to notice the shooting star on 1min. would have got out earlier. Trade 2: $AAPL I was really interested in $AAPL today, because it had a shooting star on the daily. I was very short biased. Price opened higher hit 200MA on 5min and dumped (forming 5min shooting star). I missed all this because I was on $SQ trade. Nevertheless, I waited for the price to break down below 200MA (2min) and went Short. It was also 15min ORBD. My target was YY-low (at $197.33), but I exited sooner, as I had to leave. Price went till 197.1 and reversed. Missed most of the move. Entry - $198.19 Stop - 15c (above 200MA 2min) Target - $197.33 Exit - $197.75 (3R) MFE price - $197.1 (7R) I took another small trade on $AAPL towards the close to test Short below MA. Very small share size. Improvement: Manytimes, I noticed that after I am stopped out, price provides excellent opportuntiy to flip (like $SQ today). I am not a flipper, but need to try this. Left money on the table on $AAPL. Today is the last day of the challenge. I will publish the results and analysis next week.

The one thing I have learned about trading is you are never alone with this stuff. Yesterday I was following my plan, tried to get a fill short on ABBV I think it was, and didn't get filled cause of the SSR and missed an awesome move. It completely derailed my process and trading edge and I started chasing MU, AMD, etc. I thought I was becoming immune to that kind of reaction (the CHIMP!) but it happened practically subconsciously. Finally 4R later I realized the damage I was doing and shut it down. Re-grouped and had a great day today... Thanks for sharing...