Really bad trading WPRT and GLNG
WPRT
Nailed the entry right on, I was in profit and I did not do what I normally do: Get out at break even if haven't taken any profit. Then even worst , chased it short after parabolic drop 4 min in a row.What was I thinking ?!? Is this my first day trading ???? Crap happens. But it happens for a reason. AT least I am not adding to a loser. I know that can save my day but NO THANX done with that addiction long time ago.
I am cool , the good thing is I know what I am doing wrong today. Not taking break even or smaller loss then original stop loss. I always have original stop loss to calculate risk:reward, but I rarely let the stock stop me there, I usually am out if I am wrong much sooner. It cost me yes, but on long term I just make little less money then risking to have emotions rule my trading and blow up an account. It is worth it !
WPRT I mean cmoon' !!! chase like this must be stopped on next tick if wrong !!!!
WPRT rejection of 6.00 double tops with RSI div
WPRT the cover
GLNG
Same as WPRT nailed the entry spot on was in green , and did not exit at at least break even. There is almost always a better entry if I exit br even in this type of overextended stocks. .
Next entry was better and was more disciplined exited break even.
GLNG first entry short was spot on but exit needed to be br even after being in green
GLNG br even stop, but no balls to go long.. it's just me and IMO longing O/E stocks sucks
And this is why I have no balls to go long
Short 3rd time 47.93
GLNG short 3rd time 47.93
GLNG the cover
PES the home runner from 8.61
PES the short entry 8.61
PES trialing stop for a home run
PES the cover
TWI
Did not have time to tweet this , but worked as charm just like PES , with trailing stop
This is how you make rough day into a green day ..Trading ain't for everybody. Need nerves of steel and super strong belief in your strategy which ever it is .
TWI the short from almost the top 12.39 using RSI div and confirmation of break of 12.40 level
TWI trailing the stop
TWI the cover
AAWW
Same set up need no more explanation.
AAWW the entry short
AAWW the cover EOD
ICLD just observation on RSI divergence in mid day in mid range ..
ICLD first try stopped second a home run
ICLD the cover if was short
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