- What I did right? Entering BEFORE the break AND NOT hesitating. Yes I was hesitant to some point BUT I made sure to limit order in the ask and it was good. Also the most I was losing was maybe 50 or 60 dollas to sell at a quick pop. What i noticed? 1)Noticed buyers stepping in after the first red candle the green candle. 2) Saw VVM develop in real time. 3) WAS WATCHING ES NQ all the time!!! LULU holding while futures selling off. Hmm. Good observation.
- What I did wrong? Well, kinda hesitated. But, at the time I knew that I missed LOWs so can't miss this one. LOWs WAS A REALLY good setup
VERY VERY BAD TRADE!!! The emotions here were chase, FOMO, fear of losing etc!!! When MRNA touched that KL, that's when I entered. So bad!!! I should have entered BEFORE the trendline. The reason I entered late was because I was watching BA at the time, however, /YM was approaching supply. Also, /YM showed an upper wick while BA was heading to the KL. I should have watched other stocks as well!!!! Please focus not only on one stock but several others you are watching to avoid FOMO and chase.
THE SECOND trade was again FOMO!! Fuck. I have to really be patient. If you miss the move, you miss the move. Also, the other thing I struggled with is the fact that I was so anxious that what if the stock makes a 360 turn and decides to fall. I was so nervous of losing my ass. What the fuck. Second trade is in the second picture in the screenshots.