Friday, April 17, 2020

After Passover, SPY -6% overall

Squeezed one trading day in today after Pesach, before Shabbat. Later times make it easier to trade on Fridays.
Today was frustrating. Net -6% day. I had the SPY short trade for a rejection of the 50dma on a Friday after a senseless run up. But the timing wrong and stopped the first positions for a big loss. I recovered it, but pressed for more and ended red. Frustrating.

The real underlying problem here is I arrived late and tried to be lazy and trade the index instead of finding better picks. On a Friday! When I could have traded anything for today expiration.





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