Choppy Friday for +1%

The moves didn't happen on the open today. Market opened flat. My version of "go slow" + Friday trading was to take half-sized positions. This was a good tactic for a Friday, though I was still pretty deeply down before I turned it around. Finally FL and TWLO saved the day for +1%

Crazy overtrading. Went up 5% to down 2% to up 5%.

I hacked around way too much today. Managed to redeem myself, but these are bad habits.
Why did I hack in BA so much? I had a great open. Was up nicely. Later I had the FOMO on BA and got shaken out. Should never have reversed it, that was a waste of money. On the bounce I tried to go long again which was a tough trade. Eventually *such a rookie move* I was in too big and trading too scared. The more I hacked, the more I lost and my up morning was gone.

So despite my excellent opening clockwork trading, I let my money burn a hole in my pocket and I jumped in for more when I should have walked away. I should listen to that satisfied "I'm good here" feeling and call it a day.

BA

BBY

ENPH

FB

SPY

Clockwork trading pays 9% on day.

Remember! Those tiny trades matter! They add up to big days. Every green trade is a little closer to goals. I had an all-green day today until I tried to stab at QQQ when it looked like it was overbought/rolling. I ate 4% on that with "tight stop is the right stop". Overall great day.



QCOM
Gap up above 100 and 200 dma against red bar

FB
Gap to all time highs. Didn't chase.

LOW
Gap up on earnings to resistance. Premarket weakness. Waited for clarity.

NFLX
Didn't get robbed by NFLX today. Pondering loss patterns on this and I see that it runs up on open, draws me in, but does these 1 min tweezer tops before it drops. So when I saw the level tops developing, I went for the failure. I left a lot on the table, but strong support at 450 (see 60 min) so I took it where I could. Very pleased with this play... if I can't keep my eyes off nflx, at least I did it right this time.

MRNA
This thing so volatile and juicy I wanted another piece. I love both trades. Most of all, the spreads are huge and the increment is .10 on ~$3. Volatility plus spready means go SMALL vs big. I didn't fill on my pl target fill twice in the second trade, but still managed to scrape something out of it.

QQQ
Market is up today illogically, so I tried to short overbought/roll. Only red trade of the day. I should have tried to short a weak stock in anticipation of broad pullback, but I felt I had to move fast so shorted just the index. Probably a waste.

Trading like an ass, but MRNA rescued me +10% day

I got sucked into another false breakout in NFLX and ate it again.

Bought NVAX for a minute and ate it. (not shown)

Hacked both ways on MRNA, but the short (on steep margin) finally paid me back my whole day and more.

This is NOT how I want to trade.

Must get my head back on straight and trade
small
tight stops
pay myself first


NFLX

MRNA