Thursday, 8 February 2018

Day 5

Starting the day off with a healthy dose of PM FOMO. Damn.

Plays of the day. TWTR, SNAP, FOSL, TRIP, XL

XL did nothing. That's it.

TWTR I even wrote on my plans that I have no interest until backside of the move depending on how it plays out. Ended up getting in PM due to FOMO. Gets me EVERY SINGLE TIME. Really need to focus better.

SNAP had quite a similar plan as I had for TWTR. Currently grinding about as longs and shorts battle it out. Thinking of sitting this one out and coming back to it again next day after assessing how it plays out today.

FOSL gem 1 of the day. Plan worked well, entries made well, exits made well even though there was no reason to exit really. Good trade overall and might have even cut too early as it looks to break 8.5s.

TRIP gem 2 of the day. Worked exactly like FOSL did but did not enter like I did for FOSL which ironically was part of my plan, requires some review on my part. Did a MASSIVE wash that I would've liked to be a part of but missed it. Meh. Currently still in play and watching how the plan pans out.

*Updates* FOSL that weakness massive understatement, WHEEEWW and DAMNNNNN. XL oh wow it's doing something? TWTR from NASA shuttle to titanic. TRIP took a smaller piece of the move but overall not too bad. Done for the day?

*Updates on Updates* XL turned out to be gem 3 but stepped away from the computer and missed the move. Pity, worked exactly like planned but so far still looks interesting. TRIP on hindsight review missing the entry on the first hard crack wasn't a bad decision, plan was very much intact and hard crack only further consolidated my conviction on the trade. FOSL was a way different monster from TRIP and level 2 just looked too weak around 8.9s prev top, didn't think it would hit 9.5s and decided to take an entry. Key is that level 2 gave the go signal and risk was very controlled since I waited for an entry.

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