Yesterday was a huge conviction on the continuous of upward trend. If you have missed the boat of some of your favourite stocks, tread carefully and avoid chasing high. Trade safe my friends [Happy]
It does seems that the market is on a rebound after a much needed pullback. Keep a lookout on today market movement for more conviction. If it does move upwards, there would be small opportunity for a short term position gain. Have some position in $Progenity, Inc.(PROG)$@ $2.85 when market was dropping. Not a great entry on hindsight, and was planning to average down if it hits $1.8-$2 range. It was a test of my emotion, which I did feel bad. Do hope to see it rally towards $4, where I will slowly trim down my position and take profits. I will maintain cautiously bullish till Xmas. Monitor your position my friends, so that you don’t overcommit your portfolio. Never
Market is moving in yo-yo state, lots of uncertainty if you are doing short term trading. Do not be greedy nor fomo and stay calm [Smile] Didnt do well in last week trading, got trap by market in $Pioneer Power Solutions(PPSI)$and had to cut lost at the next possible rebound within the day [Facepalm] Nevertheless it is still the best time to learn in this volatile situation. Hope to improve and keeping “school fees” small [LOL]
Just my trading journal, so here’s how I did on 23Nov. $Transocean(RIG)$enter around 30mins after market open. It didn’t seem to be able to push towards 3.23 during at the hour mark and kept hitting the 3.2 ceiling. As I didn’t want to trade till early morning here in Asia, I got out with a minimal loss.$Astra Space(ASTR)$this was a good lesson to set my cut loss in the case market didn’t go accordingly to my plan. Thus losing more than I intendto (25USD). Keeping losses tight is a must for all traders, especially beginners like myself. If you are just getting started, please keep that in mind.$Quantumscape Corp.(QS)$continues to meet strong resistan