09.Jul.19
Break Even - 2 Trades today.
Watchlist: Another day with no so impressive watchlist, I had $TEVA, $NVDA, $ROKU, $SQ and $OSTK (LF) on the watchlist. I took $OSTK and $MU today
Trade1: $OSTK. At the Open the price dropped, I was looking for Fallen Angel setup, it did happen, except I was late on the Entry. And I did not look at the spread before entering, slippage was bad too. On top of these 3 factors, I pressed the Hotkey twice, so I had double the share size. I wanted to get out immediately, but the price was moving in my direction, held on to it. Price dropped immediately and got stopped out.
Trade 2: $MU. $MU was in action today. I noticied the hammer bouncing off 20MA on 1min, took long. At this time, I noticed the Pullback ORB on the 5min, so added to my position at the breakout. I partialed quickly till HOD, as it was forming Double Top.
Good:
Nice Entry on $MU. Once I recognized the 2nd setup, added to my position as it was dual confirmation.
Improvement:
Late Entry on $OSTK, not checking the spread, should have let it pass. Also, should have exited half size, after Hotkey mistake.