MSTR morning update
MSTR currently +13% in the 530's, well over the key 500 level. It's almost like it looks angry and upset at me for writing about a potential 500 level top. It could have a lot more power left, as it's still trading with bitcoin on relative strength. This is more exciting because of the possibility of a violent blow off but also not easy anymore being able use 500 as a clean guide, like yesterday's scenario.
Today is our Thanksgiving Potluck and I'm also making 5 banh mi sandwiches from scratch. It's at 4pm. I can trade this MSTR and make the perfect sandwiches, right? It sounds insane to take away concentration from a play where I could win or lose six figures but it helps even out the pent up emotions... I don't like "wanting" a play too much, if you know what I mean.
I just remind myself... trade or no trade, this doesn't change my life. There's no need to beat myself up over missing the top, if that's what happens. Or stopping out if I feel it's right but it doesn't work out. Trading is no longer the game by which I measure my worth. It's just a job... mission is to keep the coins coming in, keep the lights on. I stick to my game plan: find top-10 short opps and make the best of them
Trying to remember what Walker Buehler said on Mookie's podcast... "I'm more ready than anyone to bear the loss."