Swipe for p/l. Up $1,340 on the day. 10/18 trades on and .
I had a good trading day today but it definitely could have been better. At least on . You might wonder, for a stock that was up 500% on the day, how in the heck did I end up down $1K. Well, I know exactly what happened. I got filled too early. Rather, I submitted my entry too early. I submitted my order for a little bit over the high of a bull flag in anticipation of a break out but I got filled a few cents below my limit order. I had the order sitting out there as the price (appeared to) vastly approach my entry. I should have waited for the mark to actually hit my entry price. Or maybe I should have submitted a conditional order. But low float stocks move so fast. There is really no time to enter a conditional order. Or maybe there is time. It really depends on the stock. Anyways, I submitted my order and , it got filled for a lower price and then gapped down (within the flag consolidation). It happened so fast I couldn't cut losses at my max loss value (mental stop) , so I ended up stopping out for a lot more than than I planned to lose. It happens. But there are obvious ways I can reduce occurrences.
Regarding , well, I did good. Could have made more. (But isn't that what all of the traders say? Lol). I played the open as well as two subsequent bull flag patterns.
Hey setbacks hey
The more struggles I encounter daily (technical or financial), the more difficult people I meet, the more “Nay” I hear on every single decision I make, so on and so forth, the more resourceful, mature, determined I become.
Your family and friends don’t make you great; assholes and jerks do. 😝 #thinkorswim
#stocks#futures#eminis&p #forex#renko#renkobars#charts#Emini#Dowjones#DJI#S&p #marketdata#nadex#ninjatrader#thinkorswim#free#free # Folks don’t pay some idiot thousands of dollars for some manically preforming indicators when you can get the stuff for free and there’s a fine difference between someone offering a signal service/education course compared to some idiot wanting to sell you the grail to trading just don’t do it just don’t and there are plenty of folks out there offering almost to nothing educational instructions and daily services so if anyone needs help on setting up charts or what to look for hmu and also there is free info printed every week on what smart money purchased long and sold so I’m here day and night to answer questions. Safe trading