Red day. Under control. -7% ouch.

A thought on the "up is down and down is up" phenomenon: let's say market gaps down, so people go for shorts, but then the market trades up. Shorts have to cover, sending big green moves into gap-down stocks. But the stocks with original relative strength don't have as much excitement for new longs, so no new buying in down mkt, just maybe some profit taking (selling).

Example today. Market big gap down. Open traded up. I waited well, but shorts (DAL, WYNN) didn't work, and moved higher and higher. Otoh long AAPL didn't work either.

I think I traded right today, except I didn't stop after 3 losers. Next week options. Good position sizing. 

Last AAPL calls (second try) still ride. I'm still hoping! Bracket is set.  (Update stopped for a loss as market plunged)

Need to go build a sukkah (quick! it's tonight!).

1 min, midday

5 min, near eod

up down up. +5%

First hits were up (STM, OSTK). Second hits were down (CAG, TSLA). Third hit made my day back (OSTK).

OSTK was really the star of the day, making and regaining most of my profits. 

I have not been upset to take these big losers. It's a bummer to go from up a few % green to down 1%. Today I came back again, but how will I behave on a day I don't come back again?
I MUST NOT DRIVE IT INTO THE GROUND!

Take my losses. Lick my wounds. And ALWAYS stick to clockwork. 

CAG - was on my gap up list, but gave it up fast for bear engulfing. Missed the short.

MRNA - Daily caught my eye for a reversal. I missed this one too.

OSTK - a lot to unpack today. Top pick of the day for daily pattern so tight, volume breakout today. My general technique is to chase these, but sometimes I get really burned. So this time I took half for starters and added to full when it surged again. So then where's my pl target? This paused immediately after my add so I got scared and adjusted for 20% on my starter vs on the full. The spreads were big so I had to shave into it, when it started perking up again, I added back and though it was tough to wait it out (as SPY dropped!), I did ok, including on that last sell which I was super bummed about... until I wasn't. It is now trading even lower.

STM - new ath on volume. Grabbed it. Took off less than half at the top, regretably, but still closed it green.

TSLA - Daily breakout of steepest downtrend line, but another one overhead. Bought shares in  swing account (to hold), but one call here disappointed.

I left money on the table, but still very satisfied

 I liked my picks and plays today. I liked my trade management. I love my gains (+14%). I left a lot on the table, but on the other hand, I felt well synced with action and like how I managed the trades, orders, spreads, etc. Very satisfying.

BABA Gap above pullback bottom. Enter on opening strength above premkt level. Add on continued strength. Then it pulled back and I got nervous. Lowered my first target. Then shaved on targets on the way up.

BLNK Gap above resistance on massive multiday strength. Enter on drop/recover 50ma and vwap. Big option spread, coulda shoulda taken more off at pl tgt #1 (greed, I took 3/10 vs 5/10). Then I missed T2 bc kid/school. Stop was fine, even though I missed the next leg. I don't want to be sitting scared in a trade. Better to capture gains and move on.

DKNG. Not really my setup. Took a stab bc everything so strong today, but I chased and then got scared so I just yanked it for minimal loss. Didn't try again bc it would still be chasing.

MRNA Gap above resistance. Opening bar flushed (not shown here) and recovered. I entered a small partial. Added on continued strength. Then it went bonkers and I shaved into it.

ZM. Tried to get cute here. Looking for it to give up daily support level/s after strong open. First try, glad to stop and super-glad not to be in for the ndh. Second try didn't flush like I wanted. Stopped for b/e.

Gained it then lost it.

Gained it then lost it... I could say the opposite about my recent weight loss... !<rimshot>

Nice opening gainer on AMD and BYND. Gave it all back (and more) to BIG and TSLA. SPY lotto put for tomorrow still open.

Having missed yesterday (Yom Kippur) where the daily chart crossed the level I was wanting, bought some QQQ in my kids' accounts for long term.