These are real trades in real time with real money on the line. My goal is to share my real trading life. How I'm entering, managing, and exiting real swing trades. Sharing tactics, trade-offs, and emotions. A "swing trade" is a multi-day trade. I hope to educate traders who started their journey after I did. I also hope to meet some new friends.
Wednesday, January 31, 2018
ULTA looking bearish Update 5
We got a very constructive candle today. Nice big red bar with a close below the 8ema and 50sma, and near the bottom of the bar. In fact, the low was only $2 over our target. Close enough to tempt me to get out with a nice profit, but I fought the urge and held on. It looks very likely we'll hit the target tomorrow.
Looking forward to the market open.
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