Trading Watchlist:
1. WOLF – continue to scale into the active WOLF long as soon as possible:
2. UVXY – analysed.
3. SPY – analysed.
4. BIDU – analysed.
5. 000001 – analysed.
6. NATGAS – analysed:
7. UNG – in light of the likelihood that NATGAS is going to decline again (after its latest strong surge to the major resistance level), add additional capital to the UNG active short position as soon as possible:
Learning Points
- It really is all about just making sure that I analyse the charts everyday, as it will cause me to organically notice patterns and become really attuned to the price action movements of specific stock and markets, effortlessly.
Knowing that it is now time to add additional capital to UNG short is a fine example.
. - Today I realised again that there are going to be days when I am going to have to cut my analyse of the markets short, and that is perfectly okay.
. - Annoyingly, I am going to have continue being willing to experience growing losses in regard to some positions until these trades play out and whilst others are in profit. Hence the importance of daily trading practice with real capital at risk.
Next Actions
- Scale into an additional WOLF long as soon as possible.
- Add additional capital to UNG active short position as soon as possible.
