{"id":101,"date":"2023-11-02T23:21:00","date_gmt":"2023-11-02T23:21:00","guid":{"rendered":"https:\/\/best-trader.ca\/?p=101"},"modified":"2023-11-03T22:55:32","modified_gmt":"2023-11-03T22:55:32","slug":"trading-journal-november-2nd-2023","status":"publish","type":"post","link":"https:\/\/best-trader.ca\/index.php\/2023\/11\/02\/trading-journal-november-2nd-2023\/","title":{"rendered":"Trading journal november 2nd 2023"},"content":{"rendered":"\n<p>Hi Everyone, I hope you had a nice day.<\/p>\n\n\n\n<p>The Nasdaq continued a nice rally today after Fed Jerome Powell speech yesterday afternoon. It seems Wallstreet liked his comments as the Nasdaq closed the day higher and today&#8217;s rally was quite strong. <\/p>\n\n\n\n<p>Like I mentionned in my last post, I had strarted some positions on MSFT, META and NOW.<\/p>\n\n\n\n<p>Yesterday I decided to start some positions in VRT and CRWD. <\/p>\n\n\n\n<p>VRT is very solid since de beginning of the year. It is currently building a nice flat base on the weekly and a double bottom on the daily. I decided to make an early buy on the follow thru after it brakes the trendline. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"595\" src=\"https:\/\/best-trader.ca\/wp-content\/uploads\/2023\/11\/VRT_2023-11-02_19-01-26-1024x595.png\" alt=\"\" class=\"wp-image-102\" srcset=\"https:\/\/best-trader.ca\/wp-content\/uploads\/2023\/11\/VRT_2023-11-02_19-01-26-1024x595.png 1024w, https:\/\/best-trader.ca\/wp-content\/uploads\/2023\/11\/VRT_2023-11-02_19-01-26-300x174.png 300w, https:\/\/best-trader.ca\/wp-content\/uploads\/2023\/11\/VRT_2023-11-02_19-01-26-768x446.png 768w, https:\/\/best-trader.ca\/wp-content\/uploads\/2023\/11\/VRT_2023-11-02_19-01-26.png 1481w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>I also decided to buy CRWD using the same method on the follow thru after breaking the trendline. Crowdstrike is also a solid one since the beginning of the year and network endpoint security will be most popular in the next years.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"595\" src=\"https:\/\/best-trader.ca\/wp-content\/uploads\/2023\/11\/CRWD_2023-11-02_19-04-48-1024x595.png\" alt=\"\" class=\"wp-image-103\" srcset=\"https:\/\/best-trader.ca\/wp-content\/uploads\/2023\/11\/CRWD_2023-11-02_19-04-48-1024x595.png 1024w, https:\/\/best-trader.ca\/wp-content\/uploads\/2023\/11\/CRWD_2023-11-02_19-04-48-300x174.png 300w, https:\/\/best-trader.ca\/wp-content\/uploads\/2023\/11\/CRWD_2023-11-02_19-04-48-768x446.png 768w, https:\/\/best-trader.ca\/wp-content\/uploads\/2023\/11\/CRWD_2023-11-02_19-04-48.png 1481w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Today I took a trade on PLTR buying the low of the gap. I used a very tight stop loss and it holded for the day. Let see if it will manage to hold on friday.<\/p>\n\n\n\n<p>Technical buying point are critical if you want to be able to build a caution before the next pullback. It is also crutial to respect you&#8217;re stop loss I know sometime it could be frustrating as you&#8217;re stop loss is hit and the stock manage to get higher the same day. But it is better to be safe then sorry in that business.<\/p>\n\n\n\n<p>Another important aspect of trading is to be aware of the environment you&#8217;re dealing with and trade accordingly using risk management and gradual exposure.<\/p>\n\n\n\n<p>On this I wish you the best and never think you&#8217;re the best trader because you have a great trend. It&#8217;s always at this moment that the market reminds you that nobody knows what tomorrow is made in this business.<\/p>\n\n\n\n<p>Thanks<\/p>\n\n\n\n<p>Please note that this is my trading journal that I use to improve my trading. I share this journal hoping it can help people and learn from them. I\u2019m not a financial advisor and all the content of this site is not financial advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hi Everyone, I hope you had a nice day. The Nasdaq continued a nice rally today after Fed Jerome Powell speech yesterday afternoon. It seems Wallstreet liked his comments as the Nasdaq closed the day higher and today&#8217;s rally was quite strong. Like I mentionned in my last post, I had strarted some positions on&hellip; <a class=\"more-link\" href=\"https:\/\/best-trader.ca\/index.php\/2023\/11\/02\/trading-journal-november-2nd-2023\/\">Continue reading <span class=\"screen-reader-text\">Trading journal november 2nd 2023<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/best-trader.ca\/index.php\/wp-json\/wp\/v2\/posts\/101"}],"collection":[{"href":"https:\/\/best-trader.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/best-trader.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/best-trader.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/best-trader.ca\/index.php\/wp-json\/wp\/v2\/comments?post=101"}],"version-history":[{"count":1,"href":"https:\/\/best-trader.ca\/index.php\/wp-json\/wp\/v2\/posts\/101\/revisions"}],"predecessor-version":[{"id":104,"href":"https:\/\/best-trader.ca\/index.php\/wp-json\/wp\/v2\/posts\/101\/revisions\/104"}],"wp:attachment":[{"href":"https:\/\/best-trader.ca\/index.php\/wp-json\/wp\/v2\/media?parent=101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/best-trader.ca\/index.php\/wp-json\/wp\/v2\/categories?post=101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/best-trader.ca\/index.php\/wp-json\/wp\/v2\/tags?post=101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}