Friday, November 18, 2022

Gave back gains

Gave my day back today by messing around. 

Did great with TAKING TARGETS on PANW long, M short. Then a loss on AMD long and a hella beauty on TSLA short. 

And then... my fatal flaw... even though I said to myself in the TSLA trade, this is my last trade of the day... Go out on a high.  Then I went ahead and tried spy calls for a loss and spy puts which finally paid on a flush, otherwise it would have been a real loser instead of just give-back.

Need a guardrail to stop myself when my brain says stop, even if I still have itchy fingers. Maybe exit the platform instead of keep watching.

Thursday, November 17, 2022

pullback day

 Today we are finally trading below a 4 day range. This is the move down that I was trading for yesterday but it didn't crack. And yet, stuff isn't really dumping. This is a down move in context of a generally up month in which we had a strong bottoming bar and another 2 igniting days. Maybe the move was already in the gap. Important levels are being respected in SPY, QQQ.

I was looking for shorts for daily followthrough: short after a 1 min bounce. I caught TSLA short twice, AMZN short for wins and NVDA short (chips extra strong!) for a loss. Based on the action, I decided to take more conservative exits. Easier targets, more off at the target, tighter stops. That served me well, for a tiny green day bc NVDA full loss.






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