Small risk day

Came in with one last COIN call from yesterday. It's now way itm, with crazy spread and zero volume. Can't mess around. Took a limit order where I could, left a lot on the table but it was not liquid and had to take a decent target.

Again today, setups kind of rough. Took DELL and PDD puts on fade of gap-into-resistance. Both had big spreads, I took about 1/4 my usual size. Took targets. Zigs no zags. 9:45 done for the day with a decent green day and all my sanity in tact. Got my piece. Peace!

shifting tide

Yesterday, the market felt different... buillish, maybe? It's hard to remember what bullish feels like ;). 

Today was a followthrough day for price, but it wasn't a dramatic day. More of a melt-up of shorts covering. Was not a big volume day. Fthrough day wasn't entirely clear at the open. 

My best setups were bearish, and so I did my thing: short when the buyers get exhausted. In retrospect it seems clear what went wrong/right, but at the open it was not yet clear (to me!). 

AAPL looked like it could break down. It dumped into the open. I shorted initial strength. Stopped out for a C trade (straight into the red). Thursday stops can hurt.

SNOW was my pick of the day. Big gap down on volume. I waited for the bounce, then shorted. It formed a pattern that ... obvious now... I should have stopped much sooner, but my mind said "don't stop out on the spike."...that advice is not good for me. I'm going to call it a D trade bc it was outsized loss. At least I refrained from tilting. I took that stop, regrettably higher, but good thing I did get out because what started as a 11% gap down, traded full bull into the green for the next 3 hours with no decent outs.

When I [finally] admitted to myself that the market was full bull, I went for COIN long (in retrospect, nms, maybe why it tormented me). Opened with a starter then added. Spread was wide (why do I do this to myself?), and I didn't take the out at 10:25/30. So I rode it flat for unbearably long. Finally got out when it moved again. 

Today was a good reminder that Thursday (and Friday!) burn both ways. Winners and losers are amplified. Most of all, if I keep the losses small-ish, it is easy to overcome them with winners.

Green day.

14 day win streak broken

 Losing day today, to end my streak of 14 consecutive winning days. 

I traded like clockwork. I like all my picks. I like how I managed them. But I didn't make money. Three C+ trades (normal loser, but not max loss). Peace.

Another inside market open. Waiting for fed minutes. Wait for trades, then take quickies.

No great setups on screeners. I think all this together, maybe I should have aimed for 10% pl today. It would have helped me somewhat. Hindsight.

fast_options!

Yesterday was hard money. Today was easy money!!

2 great picks that played out for A trades right away. 9:43am and I'm not going to take any more risk today! I have plenty of cash, and it might turn out to be a fomo day, but I also have a lot to do away from my desk. I got my piece today easy and I'm walking away happy! 

hard work

Trading was hard work today! I know that sounds funny, but they do say "trading is the hardest way to make easy money."

XPEV was a beautiful candidate today. Gap down, below levels, on earnings. But it didn't puke, and the spread made it hard to get paid. I basically broke even for all the stress.

NVDA was a short candidate, but when the initial short failed, I grabbed a quick long. The second short did ok. 

SPY today expirations icing on the cake again today.