1-27-20
AIS 0800, 4 hours
PAT: Focus.... SIM vs LIVE ......
Notes: Keep my eye on SPY
Going to keep it a little more simpple here as I have spending way more of my limited time in my playbook
INTC
PB#1.1
2min ORB...... 1min setting up for an ABCD but never got there... I jumped the gun on this one...... the second entry was a mistake and covered right away
-2R
LK
PB#1, PB#3
5min ORB with a pullback to the 9ema on the 1 and 5min, broke above VWAP with trend adds after the first partial.... alll partials were 50% and all adds back to original entry..... last entry exit was a second trade that I just took a BE on, this is where I should have called it a day.....
+9R
TCOM
PB#3 .... Trending the 9 on the 5min ... stop was below PMH... three partials, add, partial, add, 4 partials leaving me with tiny share size... added back on twice for a grand total of about 25% of original size (these adds were pure speculation and I was only risking what profit was left which was nil) ... Also took some trades later in the day for a chop fest that ended up decreasing my Rs by 3 and I also let one of my stops run past....
-1R
MRNA
PB#3
Trending the 9 on the 5min with ABCD on the 2min, stopped out ..... second entry was still a trend that I should not have exited the first time, took two partials , add and all out...... First entry was apx 1/2 size and second entry was full size....
-3R
CONS: Jumped the Gun.... Early exit... Over Trading in the afternoon... Let one run past my stop
Pros: Had a nice calm morning and felt in control
Playbook Trade: TCOM
Rs: +3.5