“Let your winners run babe.”
I have a few well positioned June calls in CREE and ANGI which I am pressing into a lazy Nasdaq tape. We found a responsive seller on the highs today, but the overlapping-to-higher value positioning suggests buyer control. The range extension higher does too. It is tough to trade a churning balance in the futures, and better to focus on tight charts in individual names.
I have not bought anything yet today. I tried to short NFLX for a moment but once buyers established a decent foothold on the day I cut my loss.
“Cut your losses quick babe.”
Slightly tighter price targets have been working well to string together some singles and as of this post my annual losses are just under 12%. We are building over here, and positioning mentally for the next big opportunity.
Stay hungry out there.
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i feel like you traded best under your armored knight avatar.
Funny you should say that, I was just discussing how bored I am with my Avvi earlier today.