Dropped in pre-market and finally climbed back a bit
Bought a hair late, then got shaken out before the rise. But a nickel rise? Today is not giving me profitable setups, so why do I keep trading?
Once again, sold smartly, but entry was not optimal. Where you get in is crucial. Need to work on that.
Ascending triangle formation evident, but came in too soon. It did go up two cents, but then retreated. I smartly got out. Should have bought closer to climbing lows trendline, on a dip. Each dip is higher than the next, so unless trend breaks down, I would be onboard for eventual climb. And yet, the climb to come shortly doesn't even go up a dime. Stop trading for now?
Truth is, I didn't buy at the top. I bought on the way down, near the top. These are the boneheaded trades that cost me the chance to participate. A few of these and I have to quit for the day. I seem to sense nothing that I'm watching is moving today, but I'm still trading, because I'm a trader. Would prefer to be a profitable trader.
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