Again exactly the same as DPRO today. Traded trendlines after sleeping in for market open and made small solid gains and read the charts well. Solid trading.
The idea was that it was following the 7 Steps of 3/4 to step 5 dip bounce. Saw a hammer candle thinking it would bottom there and once I saw the next candle going up I thought to buy at $3.40. Aimed to make a 5-10% bounce towards $3.60/70. Risked $3.20 of bottom wick
got in for a tight single.. and it dropped fast.. sold first 1/2 @3.89 and second 1/2 for 3.74.. good quick win.
This one had a very distinct pattern it was following and it was upward. I got in right when the pattern was a good entry and I waited a bit.. It was following what it 'should' have (as history today showed) it then stopped for a bit and held and then a gap down.. which wasn't in the norm for what I was seeing and below pattern. I sold when it hit my stop out. followed plan cut losses quickly.
I am my worst enemy. I have lost so many times I fear not taking profits now when they are there. I got in this one when planned .05 higher but where I saw this moving.. it moved and went up.. good green then some red holding.. so I sold 1/2.. then I said if it got to 1.84 I would sell other half, it hit 1.84, I hit sell and it jumped to 4.14.. I yelled!!!! it is back to 1.77. glad I took the win, but I wish I wasn't so scared. BREATHE...
Previous pre-market. Did exactly what it had done three other times this morning.
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