CIFS, RKDA D/B only, sniper mentality.
panic rkda, late, I'm thinking about panics during regular hours only, if I thought about a panic off the p/m high maybe i would've bought the dip...
cifs rejected b/o, so fast, coiling near b/o level, ultimately failed, doubled over the weekend, looking pretty toppy now. 12 million traded in half an hour, L2 and tape moves way too fast for me. Good to know.
Feel good, trading like a sniper, just waiting for my shot.
Stocks failing to b/d when it looks like it should, potential squeeze
6:58 spinning top on CIFS, right before the B/O, moves too fast
Could buy here, another consolidation around 6.25 and risk off 6, but reward is off in the overextended zone for me, trading scared mentality now...
wrote off CIFS too fast after the crack...still a higher low...same thing again at 7:17?! watching you now...not gonna fool me twice...won't trade...just gonna watch
learning more about my hindsight bias...I'm loving this...
What do I consider a wall? depends on how fast the stock moves I guess...I thought it was three, but CIFS proved that to be wrong, maybe an exception?
Good day of learning...time to nap till Lento's webinar...
CIFS opening today traded similarly to it's 1st G/D, did not check that beforehand...oh well...another lesson
Not gonna actually buy ATIS but there are a lot of bigger orders at .50 going into close, makes me bullish for a 2nd G/D...went right back to the charts and it closes at .46...hmm...probably would've cut losses...Wouldn't want to play O/Ns right now with the market...gotta watch those video lessons.
Not sure if i enjoy this format of just spitting out my thoughts during the day. kinda all over the place but I guess it's real. Glad with my day. Learned a lot and lost no money. Panics off P/M not just regular hours, sniper mentality, stick to the plan, keep adapting, and react no predicting, judging walls based on how fast the stock moves.