Today’s Trades: AAPL and BOOM, and Trading Therapy Link

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I made two trades today, both from the watchlist I posted last night:

Long 300 shares of AAPL at $83.10.

Short 400 shares BOOM at $30.18.

I’ll go into more depth tonight. It’s not hard to tell from looking at the charts that AAPL is a winner right now and BOOM is a broken stock.

As many of you know, I firmly believe that trading psychology is as vital to a trader’s arsenal as understanding charts and technical analysis. Here is a nice three part series detailing therapy techniques by Dr. Brett Steenbarger.

Part 1
Part 2
Part 3

One response to “Today’s Trades: AAPL and BOOM, and Trading Therapy Link”

  1. Anonymous Avatar
    Anonymous

    How did you choose AAPL today? Is it based on news or chart setup? Can you please explain your setup with chart?Thanks!Krish

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