Thursday, March 16, 2023

outrageous strong day

Mish-mosh here. Not sure I'll have time to spell it out.

Huge day to take notice today. I traded mostly NVDA and QQQ0dte for huge gains. 

Dumping index and nvda charts here. Also wanted to show stochastics on 5 min in combination with one min in context of trend. Maybe will explain another time.














Wednesday, March 15, 2023

don't like how I'm trading

 Today like yesterday, I opened with losses and spent the day battling back. I don't like spending the day battling back. I'm out of sync on the open? 

Tomorrow is Thursday, going to just take it small and scrape off smaller targets. Would be nice to have an easy green day, even if small, without all the pressure.

Tried BAC short, but mostly made it on IWM puts midday. Can't even annotate, so much scalping around core position. Don't like trading like that.

Tuesday, March 14, 2023

rainbow day

 Market rainbow arch day. The opening part of the day felt like up is down and down is up, even though the market was steadily trending up. 


I fixated on META and TSLA. They were not moving up in the way the market was. I traded too scattered. 
Also a COIN trade. 
I wish I made more of the META trade, that was the best setup this morning.
Was notably down until about 11:30. I don't like spending the day battling back. I don't even like still being at my desk at 11:30!




Frustrating that the meta and tsla moves went almost right after I gave up. Market seemed to be rolling over and I wasn't expecting them to bump like that. 

I spent almost the whole day underwater, and finished down just $50. But it was a frustrating day.

Thinking about whether I like myself trading like this - small pieces in and out instead of massive hit and run. It's a little more calm in some ways but a little more frustrating in other ways. In general, it gives better risk control and I'll probably do it more. It's a real "pita" for annotating, though!


Monday, March 13, 2023

small size ftw

Wow I had a great day today. I took a lot of trades, but all with small size and that adds up! It's smaller-than-ever size for me, proportional to my account. I really didn't think it was going to pay. But it really helps me control my losses better and that's the road to the gains!

Market is nuts lately with new bank panic/fears in play, govt to backstop or not to backstop... Not sure I understand everything, certainly not all the macroeconomic stuff. 

I had 2 picks before the open, USO for a breakdown and NET was an iffy one for continuation down. I played those for a real decent start on the day. Then started scalping 0dte on indexes (where I tend to go for lack of stock plays). That put me at first back underwater, and then wayyy in the green on the day.

I used to watch just SPY and QQQ on the 5 min for market trend/sentiment/feel. I recently started watching SPY, QQQ, IWM, DIA on 60 (sometimes 15), and it has been much more insightful.

Some of thee charts.
These are the first clockwork trades I took: USO, NET. 
Then QQQ for bottom picking, got a terrific pop.
Other trades today were micro scalping around indexes.





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