8600 shares
+188
We had a monster rally today and many stocks moved up big. I am so used to the market reversing after a gap up, I had no conviction to trade with size or hold for bigger gains. I think I will need some time to get comfortable going long again.
2 comments:
The kind of volatility we are seeing may mean we are working off the last of the bulls energy before we break the long term uptrend line.
Without a convincing trend, and hence conviction on my part, all trades are now daytrades only.
Today I made a nice profit but still left a lot on the table. But I don't feel bad about it. I planned the trade and traded the plan.
Nice Bill. I think if I want to move to the next level I have to have a plan everyday instead of winging it.
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