Lessons learned:
- scale in a trade when you see a setup is forming
- scale out when stock is breaking out of setup
- 5min wicks forming around a prior breakout area signifies support
- this is a market period when some technical rules can be ignored: eg. buying a setup despite that it is under ma's and the ma's are trending down.
- always trade the market first, then compare the peers, then the stock.
- sometimes, a strong sector ignores the general market action
- trading rules can be bent, this is why trading is an art...many times it's based on feel.
