Friday, October 18, 2019

KO +91%

Daily setup: gapping above high downtrend
Entry/play: postO, trading back above vwap
Management: combination of targets and squeezed stops. Many exits trying to optimize/preserve
Psychology: fine. a really nice trade, but doesn't do much to offset NVDA loss.



NVDA lost my pants

Daily setup: holding from yesterday, setup = praying
Entry/play: na
Management: going for broke? as of 1:00 I have an order placed, in case of miracle, but currently sits at zero.
Psychology: Today's psychology on this was fine. I essentially wrote this off yesterday.
Catastrophic.

Lesson: I went in too big to stop (greed!), and I ate it sooo big time.
Control position size for sanity.


Thursday, October 17, 2019

BYND stabbed at it -37%

Daily setup: Rolling for another down day into June gap
Entry/play: preempt ndl
Management: trailing stop
Psychology: Hoped this would nosedive, like the market was doing, like NVDA was doing to me. Instead this one whacked me also. Small pos, but still a slap in the face on an already painful day.




NVDA huge pain, took it home

Daily setup: no freaking setup
Entry/play: opening bar surged. I bought next bar new high. *this is not an appropriate technique for nms
Management: P/l target should have been what turned out to be high of day, but I got greedy and had my order 5 cents above. so I didn't fill. Then I stopped, painfully. Then I didn't stop ndl. Then I added. Then I didn't stop sensibly....then I took it home. Bottom line: no f*ing management to speak of
Psychology: Horrible. I'm riding on only luck, and so far I have a HUGE dent in my account. Literally praying for this to gap >200 and run tomorrow.






Wednesday, October 16, 2019

NVDA relative strength +32%

Daily setup: relative strength play on market turn
Entry/play: market turning up, nvda relative strength and volume after good move yesterday. Very small pos to not mess my already good day
Management: After the flush to vwap and back, bought small box, stop below box. Almost shook out on tight stop to not mess my already good day. When it surged to p/l target I squeeaed and trailed stop.
Psychology: Excellent. Small pos for bonus money after 2 other really nice trades. I think this has a lot more in it, but I got my piece. Peace




TTD not my setup. +23%

Daily setup: nms, high volume reversal of yesterday bar, under 50 and 200 on daily
Entry/play: short after first leg down then rest.
Management:  initial stop above pivot. got p/l target, then squeezed stop.
Psychology: ok. Wide option spread, maybe wasn't quite small enough bc that. Plus stock very jumpy. I think I got pretty lucky on the target. Squeezed stop saved me a heart attack even though it went to my ultimate target much later (time decay would have negated that anyway). No regrets.





ADBE on back up system +13%

Daily setup: Gaping down into/below mess
Entry/play: waited a good few min for it to make a ndh then turn down. Small position bc trading without all my usual tools.
Management: My primary computer wasn't working temporarily on the open. I watched charts on TradingView and trades on phone. Initial stop above day high but was watching to move down quickly. Target. Then stop.
Psychology: Good, except for nerves about unusual computer setup. That's why I went smaller, for sanity.



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