Felt strangely nervous before the open. Why? Lots of picks today. Maybe overwhelm? Maybe worried about my p/l, last day before Shavuot (tonight)? Start by going slow/small.
Ended up being a rocky day. Was at one point 8% down. Ended up 3%. Mostly traded ok, but wasn't an easy day. The market did the crack I was looking for, right after it shook me out. Ugh.
At least, beautiful +15% week.
Chag sameach 🎕
Thursday, May 28, 2020
Wednesday, May 27, 2020
+9% on market flush day
Today I got sooo close to a nice round number on account. But can't trade for trophies. Need to trade strictly clockwork.
I had a lot of gap-up picks again today, but market faded from the open. I managed to get a smidge of NVDA, but only had one put so I couldn't leave a runner. When market bounced, I tried some of my gappers for longs, but it became apparent that everything was falling apart. So then the short picks were extended, but the breakout/failures had room to drop.
Accidental puts in AAPL gave gains, B"H.
Tuesday, May 26, 2020
The making of a flat day. +2% the hard way / chop
Today the market gapped up pretty big then chopped/frustrated as it faded. The setups I liked were all gap up longs and all couldn't hack it. I had a hard time shifting bearish because I had all gap up picks. Need to look for bull and bear picks.
In my overview I see my biggest trades were p/l targets. The rest went out on stops, mostly raised stops, but the biggest loser was worst-case stop. A clear lesson in pay myself first or else this would surely have been a chunk of red day.
My most disappointing was possibly MA, where I built into some size, but it broke/reversed before any targets and I lost 1% ultimately.
In my overview I see my biggest trades were p/l targets. The rest went out on stops, mostly raised stops, but the biggest loser was worst-case stop. A clear lesson in pay myself first or else this would surely have been a chunk of red day.
My most disappointing was possibly MA, where I built into some size, but it broke/reversed before any targets and I lost 1% ultimately.
Subscribe to:
Posts (Atom)
Popular Posts
-
Sad for long term holders. This market is utter pain for longs. I got DDOG short. Needed a better entry for more gains here. This is new pat...
-
Today I traded like my best self. Like Clockwork. That's after a few weird days and a freakout Friday. My life is so much better when I ...
-
Account is up 26% week over week! Ba-BAM! At the beginning of the week, I set a very ambitious p/l goal. By Tuesday afternoon I scrapped it ...
-
Today is my only trading day this week. Thanksgiving is Thursday and we're getting hectic quickly. I think the market will be slow.... ...