May 11

 Big gap down today. Had nothing but shorts planned. Have to wait on pbs at the open


NIO Pb to D and BO level + 1AR move to start day. Good tape in and added

NIO started well, market made bull flag, started breaking higher. NIO followed to HOD, Waiting

NIO got there and rejected, markets and internals diverging, it sold off and I added. 

DOCU same as NIO, new HOD into D level and reject lower with vol in and added. 

NIO again good reject added last tier. 

NIO just kept running up, market strong and followed.

DOCU looked great with reject and MA and volume, market turned up strong though may have to cut. 

DOCU also still all around HTF bo level and seeing relative weakness, may be chance to add. 

DOCU made new HOD, with vol, market still no turn cut for loss. 






REVIEW

So many things wrong.

For starters, me. My heart is not in it right now. I cant get a grip and do the work everyday that I need to be doing. Im settling for less in preparation.

2nd DOCU and NIO are chases on the D time frame. Both sold off so hard in a straight line to these breakdown levels, whose left to sell at this point. Best trades come out of consolidation, neither of these did that. They were trending, aggressively, into the breakdown levels, so that I can do what? Now get in short at the very bottom? These were trades to avoid

3rd risk. I cant stop fucking this up. I just want to trade and make money. I keep adding too hard too fast. Proper signs yes, but way too big.

4th market conditions. Yeah were gapping down huge, we pulled up into previous bo / daily levels where I want to short, but the market is not telling me its weak yet. We JUST pulled up, strong in fact, into these levels and now im getting short in front of all of that strength at the bottom. These are excellent spots to buy the dip on a huge Monthly/Weekly time frame, and here I am trying to short against them when weve already come so far

The proper way to do this is to wait for the market to tell me its ok to get a short on. Instead I got trucked, and made it worse by upping my risk. 

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