Monday, January 22, 2018

1/22_LTBR


















physically and mentally exhausted after trading it. Tough read and I traded it terribly!!! crowded play so the KEY is patiently waiting for volume surge/shorts panic to get size into. down $20k at one point totally unacceptable!!! Lots of old mistakes and emotional struggles. Main damage came from sub vwap grinding action. same exact chart as FORD on 1/19!!! but because I located shares and sized in I was subject to position bias!!! the key lesson trading this is "always take profit1/3 if not all"!!! and save plenty of bullets for pops!!!I had lots of chances to take $$$ but didn't!!! When I was down $10k realized I was looking for homerun therefore I kept full size on nearly all time!!! WRONG!!!!!!! Especially when lots of shorts got stuck in it!!!!! You must have patience!!!!!!!!!!Patience is the key!

No comments:

Post a Comment