So happy I got another green day! I told myself I wouldn't enter before 7 am PST and missed the first run up of UVXY and then watched it go back down to where it started. Was a little bummed I missed the move but it wasn't in the plan. They always say plan the trade and trade the plan. Well, I did that and it works! I waited for the second move up and began to take shorts from there. It was obvios that it wasn't going any higher and the SPY was confirming the move. The spy was going red to green and making new highs so I knew I was in good shape. When stochastics started to show oversold and the SPY stalled, I began taking profits. Could have maybe squeezed out some more by shorting bigger in the beginning or by holding just a little bit longer but I was happy with my risk reward and the trade went as planned. Fought greed and closed out the position. If you look at the atttached chart, you can see I did the right thing. I hope tomorrow goes well! Someone, daytradewarrior, called out a long on a stock I forget but I don't like blindly following peoples trades. In this case I wish I did. The thing climbed nearly 4 dollars shortly after he called a long position. It was down nearly 17 percent at the time too. It went all the way back to green. I will be watching this guys calls on twitter more often. I could have made over 4k on that one trade but I didn't know the history of the symbol and don't like making trade ideas during market hours. I find picking my trades the night before is best. Starting to ramble so gonna go now. Actual trade was only 466 not 480. Had to manually enter again because I have two IB accounts and only one shows up on profit.ly
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