Last time i checkedโฆ trading is a reactionary game. You may predict many probabilistic paths, but it is the act of listening and reacting to what the market is telling you, which puts you on the path with the most asymmetry. There is no prediction, only probability. Until that is learned, tuition will be taken.
$FTNT this hurts. I was in this from the break and retest intraday low around 152.3.
I took my first partial on the move to the swing high over next few days, adj my stop to flat, only to get wicked out this morning on the open. Literally .05.
Closed up 4% at almost new highs. Absofuckinglutely brutal ๐
@SRxTrades This is probably one of the best pieces of advice on the ftwit. Over managing trades os almost as bad as over trading.
Well said. Building that discipline is a huge part of the maturity curve of a trader.
$DELL ohh man, that has to be super frustrating for anyone who stopped out intraday yesterday. Good old intraday shake and bake.
Ngl i got spooked out on FBO yesterday, but bgt back in half size when we reclaimed vwap. Was 50/50 on actually getting follow through today.
End of dayโฆ this is a sector trade now. Hoping RS vs. Kospi means something but kinda crapshoot. See what happens.
@jfsrev Yep everyone killed it on $DELL today and didnโt get ripped on the FBO on the open.
Just top tick intraday sales all around, re-bgt the lows and Iโm sure if we go up tomorrow, have been max size the entire time.
Womp wompโฆ stopped out of balance. Hell of an FBO. Perfect example of how you can do everything right, but end of the day it is probability not certainty. Nextโฆ