Played SBET and EBET today. Sold both too early but made up for the stupid play from yesterday. Early morning breakouts have been good for me. I'm basically playing premarket low float top gainers. I like when they have retracted a bit and are heading back towards their premarket high so I can play for the breakout.
Made a good trade for a nice gain. Then got sucked into a failed breakout on HLIS and didn't cut my loss. Instead, I averaged down and was given multiple opportunities to take small profits. But I didnt. Instead. I wanted to make money because I have a cash account and it would take 2 days to settle and use again. I always get into trouble because I only have 1 day trade left or no more cash settled. Can't wait until I'm over PDT so I can trade freely, in and out.
Stayed discipline. Took one good trade today. I learning that the "Cup and Handle" pattern might be my new favorite., or basically any pattern that curves on the bottom then retests a high. It allows me to see the curling upward and take a good position risking off of the bottom of the curl and aiming for a target of the high retest for a breakout.
Nice breakdown. I think it will click for you.
Thank you! I wish you all the best.
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