Friday, December 17, 2021

lucky -2% on a day I should have skipped

Pure overconfidence. Excellent week, told myself Friday off. But I "just peeked" and saw a setup I liked (of course...). Hacked myself down. Tilted. WTF, self?! 
And then got toxically lucky for "only" down 2% day.
I think RIVN was the tilt trade, bc I was right but missed it. Then I wanted redemption. Need to pause and return clearheaded.
Also SPY after the fact went well beyond target and could have taken me green, but I don't regret getting what I luckily got... in a trade that was f to begin with.










Thursday, December 16, 2021

+12% the hard way

Big up day, but I did it the hard way, and surely with ^help. The trades I should have held, I sold, the one I should have sold I held.

INFY big juicy setup. But market was selling down and I didn't trust it.

PLUG looking for gap up failure. What I did right was enter on the pump. What I did wrong was yank before the big move. Rationale was mkt moving against my trade, and I was shorting a gap up so I wanted to book it. This is good logic and I still believe it's good management, but maybe I should have left just one for the runner. Or, you know what, get MY piece and PEACE!

ROKU eats its young. Huge down day yesterday and gap up today, but inside. When market started to drop, and ROKU tested highs and failed, I went short. Ask went to my target but no fill. I hesitated and didn't yank it (greed, or good probabilities?). Was pretty mad when I rode it back to the top for oversized loss potential. BH market kept dropping. ROKU tested the 215 several times and I was prepared for it to pop (and then hopefully drop). BH again, it flushed without popping and I was able to get out with a different kind of order. Instead of limit order (hard w roku spreads), I did if bid>4.8, sell mkt. I figured I'd get at least 4.8 and maybe more, but I filled at 4.71. Mostly relieved to get out green, and even more relieved that later I see it's the best I could have done.

Wednesday, December 15, 2021

one trade

Big Fed announcement expected today. Going in, I know I want to get in/get out and not mess around. I'm thinking about previous days where I've hit the opening trade and then squandered gains, so thinking I might just take the first nice gain and walk.

Several picks, but also I'm feeling scared. First trade went in my favor. Market feels funky and I decided to not squander it at all today with a second trade. 9:35, done. After I hit ROKU, I looked at LLY, saw a bottom tail, but I passed. Market continues down and LLY spread too wide. Keep my nice up day and get on with other things.




Tuesday, December 14, 2021

+6% but coulda shoulda

 Opening NVDA trade had some size and a good gain. Should have quit. XPEV, gave back half those gains.


SSE shows the chop better. How can I avoid these? I think I would either take puts at the top of the range, or on the pop/drop, instead of trying to get the breakdown. BUT... why was this a choppy setup? It gapped into no man's land on a strong down market day. It "should have" flushed, so if it doesn't, that implies there is some strength there. Expanding range, price discovery. AVOID.




Monday, December 13, 2021

No great picks. +8%

No great picks today, need to go small if at all then hit and run.

BA continuation gap down. Market selling off. PL target roughly around technical price target. Banked it.


MU hoped for continue above ugly pennant. Nice 1min hammer around gap fill... failed, as did market bounce attempt.

LCID looking for bounce attempt. I like my entry off the bottom attempt. When it couldn't push through day high/premkt level, I yanked half. Other half stopped by a few pennies. Maybe I would have gotten a target on the push through (but by 1-2 cents maybe not), but still would have gotten burned on the pop&drop.




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