Use ema9 as a STOP and be careful with the size

Catalist: end of vaccination, general re-opening
Gap: -2,3%
Vol pre-market: 155K
% day before:-4,93%
Float: 344 M
Market cap:155 B

Beta: -
AVOL: 13M
RVOL: 0.63
Short-float: 3.92%
Atr: 24
Institutional ownership: 58%

SPY & QQQ: Continuous sell off to SMA100 1D

Pre-market: gap down and consolidation above 392$

Trade: I was stopped for the first 25 minutes due to a problem with the broker, once solved I entered short at the first possible pull against the ema9 1m. Size too big for my stop, I went out and back several times and didn't give the trade time to develop.Too much haste to take home the profits too, I didn't let the main position run away, taking home only part of the profits. Excellent the penultimate partial exactly on the daily pivot at 376.50$ but you had to close the rest on the loss of the ema9 1min.

Emotional side: Too reckless before entering the trade and too hasty once in. You have to learn to be more patient!

Conclusion: The vision of the title in the premarket proved to be correct but you did not manage the operation in the best possible way. Such directional moves are great for taking home some extra $$. Learn to trust the setup and your skills.

CONSISTENCY IS THE KEY TO SUCCESS