5th red day in a row today -$7.7k (yday -$300)

Tried to buy the $DJT breakout but it just cleared out prev highs by .15 and I didn't lock any in there, so I round tripped all my profits and then some.

$FNMA I drank the Ackman koolaid on this & started a long term position yday at $5.50. I didn't fully grasp what the company even did until I finally took the time to research for hours after I've been trading it for years. 

Turns out it did $17.4 billion in annual profit in 2023 (Walmart did $11.7 billion). Clearly still some big risks with the conservatorship, the preferred shares, the warrants, etc, but seems worth the risk to me given the updates comin out with the new presidency and the huge upside if this plays out.

My goal is to continue to trade the stock as normal, long or short, based on the chart, but hold the starter from yesterday and add to that on dips long term, as long as nothing fundamentally takes a turn for the worse. I think the rr risking 0 is still super attractive.

I just wish I had done the research a couple years ago so I could've bought when it was trading at .50.