12/3/2025 Improvements · Risk Management

12/3/2025 Improvements

Why was my watchlist so bad today?

1. Price Position

MRVL had already come back down from its pre-market/after-hours highs. This put MRVL in a spot where now it would be facing difficulty with all the selling that occurred for an upside move.
Not saying it is impossible, but I favor more downside to start.
However, the market responded with a lot of friction with any idea of moving lower, and the whole thing began to look very bad.

MSFT was also similar. While it was looking like it could really move lower, once the open came, the stock began to hold, and while it didn't turn higher immediately, it was resisting moving lower.

Why?

2. Market Support

There was a lack of support from the indexes after the open that showed the market was truly weak.
It rather kept hugging the VWAP and refused to move too far away from it.
The odds shrink when the market is not moving with your trade.

In reflection, it is very important to think about price position when thinking about an idea. Because how a stock got to where it is in that very moment can greatly affect what may happen next.

These are just some things that I'm relearning today and bitterly needing to improve on.

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