Chapter 2 Trading journal #58–04/02/2019 -$23
What to work on:
- Use either manual stops for big offers and bids or auto for more like a chat pattern plays
- Do not add to the full size without a confirmation
- Once again on the front side cover 3/4 and stop for BE, on the backside cover 1/4 and right stop.
EDAP -$21
#1 Over Stopped here
#2 Again was leaning on the offer on the front side now — and Should have been covering 3/4 every drop in accordance with my rules, but instead was covering 1/4
ADMA -$40
#1 The same problem with adds. Got to my full size without any actual confirmation
#2 Overfilled on stop
#3 left it alone into the close, while I should have been hunting it down.
#4 The biggest mistake here is that I didn’t get long. It tried to go down so many times. But 45s were holding and then an ADH long presented itself. Yes, there was no volume, but I knew that volume could show up. I should have gotten out of the short and tried long. Here it was at least B setup that may be worth even A risk
AVEO +$49
Traded it ok into the close, but the first part of the day was not good. When Mata was holding — got long and sold everything into 75s — good.
#1 Over stopped my short and got long in the morning. — very fucking bad.
RIOT -$10
Ok with this trade. Risk Reward was there.
#1 But the second add was not right. The trend line broke, but support was holding = no need to add here.
Read next: Chapter 2 Trading journal #59–04/03/2019 “Anticipation vs confirmation part 3
Read main Chapter 2. “Peter, you have to start putting green days on”
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