07.Nov.19
+4r. Today, I traded only $QCOM.
Watchlist: $QCOM, $BIDU, $SQ, $ROKU. I liked $QCOM very much esp it being close to ATH.
Trade 1: $QCOM. Premarket trade. I took it at the open, as the Earnings was strong for $QCOM and looked very positive. Got a partial and left the rest to exit after the close. AT the open, $QCOM stopped me to the penny before going strong.
Trade2: $QCOM. I took long again after price bounced off premarket low. Share size was huge (by mistake) and resulted in 3 times my regular risk size, so I got out quickly near VWAP. This is my trade of the day, because I got out immediately after realizing I was in it more than my risk.
Trade3: $QCOM. 89.9 was premarket high. once the stock bounced off this level, took it long and got out at $91. I am happy with the trade.
Trade 4: $QCOM. Mid day, took reversal on $QCOM at $90 price level. After struggle for 15 mins, price popped on the upside and got me 2r. Price actually touched my stop, but din't fill me. This time, I was lucky.
Good: Just focused on one stock from Premarket to close, it helped. Good trade management.
Improvement: Sometimes I keep very small stoploss for e.g $QCOM trade at the open (last trade). I get stopped out and then the stocks move much high, trending. Missed opportunities.
Overall I am happy with the trading today. Luck ditched me at the open, but I got it back on the reversal trade.
P.S: $BIDU looks much better than other 3 for followup trading tomorrow.