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July 23

  • Writer: Rishi Pahuja
    Rishi Pahuja
  • Jul 23
  • 1 min read

Write out the thesis. Perhaps it would've given me the pause to find simple.


Very simply we hit the 500 at open which meant an 80% of eventually hitting the 618. Call trigger and PDH held. Dips to the ribbon were getting bought. HLs being created the whole time. Enter at support and wait for the level to hit. 6340 was the 618 level. Cons fluctuated between $1 and $2. Buy 10 and wait. They 10x'd. Simple, simple, simple day. Trend with clear probabilities pointing to more upside. Just a matter of waiting to enter at support and waiting to exit at take profit.


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That actually wasn't even the worst part of the day. The worst part was being up 3% on the day. Then ending up down 5%... Take the 3%! Don't press. If I had instead closed out and walked away, maybe the bull case would've become clearer.


Write the thesis. Write the thesis. Write the thesis. Wait til obvious. Do the hard thing. Wait!

 
 
 

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