Monday, July 6, 2020

Boooo. -3% day. Overtrading in choppy day

Started with a nice trade on BABA (bottom of list, sorted by closing time). That was an all day runner, but I only got pieces. I managed to have a loser, and then another winner on BABA.
Overnight MRNA puts did badly, and then I lost on calls too.
NVAX huge spreads, so I ate some on that one.
Other stuff also stam, including a desparate grab at SPY puts at the end.

I traded all good setups today and pretty good clockwork. What I didn't do well was quitting. I just kept trading against hope. At least I did have a self awareness that this wasn't my kind of day... as I kept hacking at it. Next time I get that vibe, I should just stop--even just for an hour or 2--instead of trying to grind into it.


Popular Posts

  • 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...
  • total chop city!
     Market has been very hard to trade. Maybe I could figure out how to just stay out of these messy things.
  • good gains but fomo
    First: Peace! I had another +11% day. Peace. Another sentiment to remember is, even though there was more money... it's only clear in re...
  • small green
     Was down small, and then the SPY trade got me up small.  I didn't hold UPST long enough. I was in for only 1 contract, to make 20%. Cou...