I got two the wrong way round - the Pelosi thing was buying Nvidia - the other oen which did well today. Tesla was on sales less bad than they exp[ected (!). They both did about as well as each other.
WHen I "Tried" dabbling on the SM I lost . Very tempting to "just see if this works". Then learned the odds were low, so only opened if the moving averages etc predicted well. LIghtbulb moment when it mostly worked.. It's still tempting to go with momentum, which
can work but often doesn't.
Amazing how after 23 or other large number of green candles, you join and it reverses immediately.
A problem of "just trying" relevant here is addiction of course.
Just looked atthe successful trade - good one: You took the break of resistance on high volume and there's no indicator or previous level telling you where to get out. The only thing which might have beena hint is the Pivots which Cherif likes. Could be happenstance thugh - I don't look at them routinely though I might have then in, feint, if I had better charting to trade with.
Looking for a "what could I have done better" there is to reuse the levels. Spooky how all the purple lines get visited more than once:
They could have been used for trades later than the first one.
The useful bit is where the line isn't - ie there's no previous level. "Fly zones", where the price might wiggle a bit but it'll usually keep moving up or down, until it gets to another level.
There are Voume Profile tools for it but it's easier to put them in as you go..
Actually, lookng closer there IS a clue where it was going to stop - there are two peaks too close together for a continuation. I might have got out a bit earlier than you but only by a couple of minutes. One of those where it just "looks wrong".
