Friday, April 9, 2021

BA Friday options burn for a red week

 OUCH! Very big loss day today. Gave up my week. This will be my third red week in 2021. A losing day hurts, but a losing week really disappoints.

Classic overconfidence blowout.

Next week I need to regroup by trading extremely small size. I can't afford to try to press right now.

Overtraded today's expiration on BA, looking for daily breakdown. Got greedy, got smeared. Caps a -10% week. 







I'm going to have to remove a lot of money from my account next week. Maybe even paper trade. 

Market is precarious right now. Super strong non-stop bull on diminishing volume. Feels exhausted/exhausting. Longs not working. Shorts not working.




Tuesday, April 6, 2021

Ba-BAM!

That's how you do it. I like how I traded today. Good picks. Good waiting. Good stops and targets. Good job wrapping the day when there are no more setups. Up more than 15% on the cash I traded, which was only half my account. Done by 10:07. This was a completely ideal Clockwork Trading day!!

New ath on account. Currently +152% on account ytd. 

I realize with Pesach, I didn't log March stats:

March
ytd gain141.52%
ytd w/l days68.25%
ytd avg daily %1.54%
month gain31.52%
month w/l days69.57%
month avg daily %1.31%

Today's trades






Monday, April 5, 2021

Up, a bit

I hoped for a big thrilling day today. I got a medium, kind of frustrating day. Overtraded. Brought me back to Earth. 
Tomorrow!

Sunday, April 4, 2021

2 weeks off, eager to return

Between visiting my parents for the first time since before Coronavirus, and Pesach I've been +/- off trading for 2 weeks. 

I'm incredibly eager to get back to my desk, and I'm revving to dive in big and have a huge day. I must moderate myself and take it carefully. Monday, possibly out of sync... just take it carefully tomorrow.


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