Okay but today was my first day back to trading, I've been waiting a whole month and it was a good day to learn to pay attention, take it slow (the way the ladies like it) and lastly I need to create a trade checklist because I ended up inputting too many wrong orders. I was lucky the market wasn't mean, but just like a teacher who forgives that late student on the first day, the market was very nice to me. I made a few mistakes when I wanted to input my orders and still somehow I ended up walking out with a profit. Who doesn't remember the hit 90's show Forgive or Forget?? Today the market forgave me. If I get fancy again it may chew me up and forget me. ( the show wasn't as good as Jenny Jones)
But lesson learned today: Ensure orders are entered correctly and double check before pushing buy / sell.
Here is the trade.
It was a beautiful short setup, I don't know what it is about shorting but OMG shorts are just something else. I played this on the 1 minute chart, I am getting a lot better at choosing the right setups with the right time frames. Normally being aggressive out of the open is not my thing but it can only be done if a stock and the market is properly understood prior to the open. It took me probably less than 2-3 after the market open for me to develop an understanding if I should trade this or not.
It was a beautiful short setup, I don't know what it is about shorting but OMG shorts are just something else. I played this on the 1 minute chart, I am getting a lot better at choosing the right setups with the right time frames. Normally being aggressive out of the open is not my thing but it can only be done if a stock and the market is properly understood prior to the open. It took me probably less than 2-3 after the market open for me to develop an understanding if I should trade this or not.
Here are the trade tickets:
No more playing around, mistakes can't keep happening over and over again, it just leads to bad behaviors.
No comments:
Post a Comment