Once in a life time opportunity for LABU post election result-trump won the presidency. No brainer long biased towards. Perfect short opportunity into $40 parabolic and followed by reversal. Missed it. Not confident trading ETF so I avoided it.
Good trade but midday day bounce short cut my realized profit in half. for OTC, it's never a good idea shorting after 11am into the bounce as I saw many many times it gradually grinded back towards HOD.
Minimized it. The only reason I stayed green on the morning short was my "ENTRY". I got perfect entry near the HOD and covered 1/3 into dips. Unfortunately I let the 2/3 of it run and turned big trade into smaller one.
Definitely not easy price action these three days including today. ONLY Hit-and-Run works in this market!!!
No comments:
Post a Comment