source avatarBlake

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Took a total 1R loss total today but I really am pleased with my management I attempted 3x trades in total for a capitulation bounce: •Took $DELL - bailed breakeven •Took $DDOG - bailed -0.25R (1st attempt) •Took $MRVL - bailed -0.70R below pivot I didn't have huge conviction in the bounce BUT I used progressive risk & as soon as I sensed the market weakness I de-risked & reduced risk to the minimum that I could $SOXL / $QQQ got absolutely smoked today & you could sense it in the tape - buyers had 0 interest in stepping up Yes there were many 'capitulative' qualities in the tape/price action but it just didn't give that reaction that I'd expect for these

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