ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99

Sun Tzu

towerdog

To: Sun Tzu who wrote (70022)	9/22/2022 2:36:59 PM
From: Lee Lichterman III	3 Recommendations Read Replies (1) of 97958

Locking in profits is always good. I caught myself today scalping for dimes and quarters and then I was mad because soon as I sold when it had stalled, it bumped up and I could have had more. By the time I entered my journal though, the price had collapsed. I normally like range bound markets but the spikes are big today and I'm out of sync. I'll stare at it forever and it does nothing, then I take a break, work on a spreadsheet for a minute or two and when I come back, I missed a run or reversal. I'm just not at my screen when the tradable moves are happening. Also, they keep peaking over support/resistance lines faking breakouts/breakdowns. We just had another one I almost bit on. My big loser today would have been a winner had I held it. I bought at X.61 it dumped and I took my loss at X.22 (too late) and it dropped another 50 60 from there but just hit X.83. I think they're running stops or else probing for least resistance. I just saw someone say that quarter end is coming up again and there could be a lot of redemptions. There's no liquidity/volume like I've been saying so we could get some wild action. I probably just made a mistake but I got filled on a small bit of UTF. It was at a support but I just noticed a bunch of support broke on a bunch of other stuff I watch. Not a good sign.

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