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Reversal Long. I've sized WAYY down and haven't been trading as much in August simply because I'm losing too much and the follow through in the market is not great. The last few days have been better but it's spotty so my risk is $10 for now. This trade started really strong and so I entered when it broke the moring high once again. Made my 10% goal.
this stock was looking to have a reversal day and I took 2 attempts on it but just no dice. Sized wayy down because August has my number and the market is crap right now.
held r/g and I took a trade when it broke HOD early.
Was a runner on the day that was showing strength into the consolidation but just had no follow thru. August strikes again.
This was a breakout that was consolidating well and I took a chance early for a HOD break but the stock just continued to go sideways all day..there were times where I could have taken a 2-3% profit but that was never my goal on this one. Out for a small loss. The markets have really cooled off in terms of follow through. But it's August so it's making sense...going to size down for a bit and trade a little less in August more than likely.
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