Bought another thousand AMD its 2 hours premarket and im up to 5k shares i got to lay off, but im positive this things going up, stop below 11, target 12/12.50
I really dont know how to explain this trade now except that its a higher low then a gap up, and its a popular trading name, im watching size go off on L2, im assuming a push to 12 is almost automatic i would normally never load up like this 2 and a half hours before open, but id be shocked if this thing doesnt push to 12 at some point, so im willing to swing some size and spin my umbrella.
I scratched half of AMD when it didnt break .60, but not the plan is to add off the morning panick if it comes, i will be adding all the way down to 11, i just cant see how on a daily this candle ends up red, unless the ES pukes.
Bought some VRX lots of people shorting it and it keeps screwing them think its going to squeeze into the weekend.
Good luck MAX! Look forward to your journal. After many years the only thing that keeps me going is having setups (futures) that show up every day...I need to clock in every day with some purpose!
Ok, you guys should be thankful, because today i created a clinic on exactly what you SHOULDNT DO in the market, i did this just for you guys. I was up decent on a premarket long on AMD, and insted of dumping, i decided to add 15k shares at almost the dead top, wanted to have a hero call to start the journal and i paid the price for being a douche.
My only other significant Trade was the ES, i started in short thinking there absolutely had to be some pullback going in too the weekend, who in their right mind would want to hold long with everything on the table, and a 40 point bounce off the bottom, this trade bailed me out of the AMD fiasco, but i was early, i should have crushed this alot harder, but i just started too early, thinking it would fade all afternoon. Hard to second guess this though cause it easily could have just drifted off all afternoon, im happy i was stubborn with it, exits were a little sloppy though once it was breaking down should have waited for the bottom before i started piecing out.
Those were the 2 trades that made the day, im thankful for the late day puke, cause i was under water a lot after the AMD Fiasco and ES would have just compounded that, but ended up, making like a hundred bucks between these 2 trades, almost enough to feed my meth addiction...... j/k