Should have been a 10 minute trading day

 Baruch Hashem!!

I made +5% in 9 minutes this morning. Amazing!

Then like an idiot I didn't stop. Wrestled (including back into red ! ) until 2pm, and came out +7%... but not without wasting half my day and a good deal of psychological capital.

Glad to be done. New ATHs!
+19% week over week.

big volatility, big gains

There were some good moves today. I got big gainers and big losers, but best of all, +3% day. I'm getting closer to my account ath from 4/7. That's 5(?) lost weeks when I was losing instead of building. Waste!

No time to annotate today.

Technical analysis as self fulfilling prophecy

 If enough people are watching it and using it, an indicator can be a magnet.

How about SPY today, traded as low as the 50 sma, and closed at the 50ema, by literally a few cents.

B"H gains on a tough day

 Had to ride a lot of volatility for my gains today. The action was "agony" (lol, let's keep some perspective on life here). Made worse that I was trading NVAX with spreads that were out-f'ing-rageous, So I did it to myself.

Market "should" have fallen apart today. Lots of bearish trades, but the volatility was roller coaster. Maybe also bc I picked difficult options. 

volatility $VIX

How does $VIX affect my system? Does it help amplify moves? Does it increase spreads (which is harder for me)? What should I learn about VIX?

Recovering (almost) from a huge loss

Today was one of those days where I think... If I would have only taken the opposite of these trades. 

Market opened with big followthrough gap down, and was broadly bought. I hope today's lows will be a strong pivot for uptrend moves to come.

My balance got as bad as -$3000, and I closed at -$200. Saved to a great extent by COIN long, once the uptrend finally got going.

A draining day, but thankfully not a damaging day.

Tuesday isn't going to be easy (premkt post)

Big down open coming today. SPY -1.3%, QQQ -2%. Continuation down, in a climate of weakness. Well, momo weakness.

Today's gaps down are huge / extended. Lot of pain out there. For me, this is exactly why I'm a daytrader. I wake up this morning, market is getting wrecked, and I'm ok. Yes my long term account is getting hit, but that account has a long term horizon and I'm not sweating stuff like this.

In my trading account, I come in with a clear head this morning. I'm not in pain. I just have to find my best plays and play them my best. 

Word of the day will be patience. I think I should avoid the 9:31 plays and wait for a few bars to reveal themselves, unless I just do it super small. I'm also a little worried that the brokerages/markets will be overwhelmed and I will expect to see the fill problems we saw in January.

Only things on the gap up screener are the leveraged inverse etfs.

Disappointed in +4% day?!

After I stopped out (with more than reasonable gains), 2 of my plays surged. I stopped on tightened stops...Too tight? Not if it would have gone against me! Yet I'm frustrated that I was "right" but missed on more money. 

This is a time when I have to remind myself that I got my piece, and I need to be at peace. I traded my system and got my money. If I start deviating from my system, I'm more likely to lose big than gain big over the long term. 

Let's go to the charts...