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1 14an hour ago
Analyse. Prepare. Execute👨🏼💻
Trading can be hugely difficult at times, you can feel you’re doing everything right yet your trades never seem to go your way❌
This is where the power of having multi-time frame analysis approach, preparation methodology, and execution rules can massively help you transform your results on your journey📈
There are very small margins between being a profitable trader and being a unprofitable trader. Look deep into your processes and methodology and turn yourself into a well oiled fine tuned trading machine⚙️ .
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Update: afternoon squeeze after it's reverse split, small size short when the bids disappeared. Lack of patience, dumped into the 10s moments later😂
Rollercoaster trading! has been on a tear these past few days in light of Coca-Cola acquisition rumors as well as the announcement that they are dabbling into the CBD beverage game. The 3.50$ level kept rejecting pre-market so I was bearish. Out the gates I was short 700 shares at 3.26$, covered half at 3.12$, more at 3.08$ and the low 3.04$, I was holding 150 shares for a break below 3$ which never came, I then added 200 shares on the breakout to up my average, stopping out eventually and went from green to red on the day. Later in the morning, had 2 winning and 1 losing scalp trades to get me breakeven on the day (10$). Finally, saw buying pressure slow down and a peak under VWAP for one last stab at it short at 3.96$ risking HOD, got the death candle and filled at 3.72$ and 3.55$ ending the day green. Kept calm throughout, respected stops and targets, but I'll avoid shorting symbols with this much volume next time.