Small quick trading day to close a stellar week

 Learned this morning and came in 9:40. Used the TradingView rvol screener in real time (5min) to see what was moving. Caught a few quick moves. Left a lot on the table, but also had close to zero stress. Quit with cash still cold. Shabbat shalom!

siiiiick!!

Beautiful 2 days trading on vacation! B"H! In addition to a really nice time away (despite smoke from fires in Canada).

I'm up 42% on the week. I'm way too hyped up to journal now. This will have to suffice...

hit and run!!

Vacation trading. Hit and run. I executed, raked it in, and I'm off to have a great day with A.

basic green day

Opening pick was AMAT, gap down on volume, breaking levels.

When AMAT failed to drop out, I went long AMD for relative strength, and it was a great trade. If anything I didn't hold it well enough, but at the same time as AMD was getting started, SPY and QQQ were below yesterday's low. In that condition I should not be aggressively long. I scaled down at every stall, including as it got to Thurs/Fri highs. I wonder if I was too tight with some stops, if I could have stayed in with more size a little longer. 

It was not a "full bull" day, so I don't regret locking profits.

What I do regret is the trade I took in MBLY. I was thinking of the pattern where I got so burned a few days ago where a stock gapped down below a strong uptrend, found support on nearby tangle of ma's and ran up. I saw MBLY hammer and start to surge, and I lept in. The option was too thin, too spready, and it was monthly(next week) expiration. NO good all around. And then it didn't fill me out, didn't follow through and I sweated it for an hour before finally getting ~breakeven on a market order (limit wouldn't fill). And the last bit for a gain. It was a waste of mental capital.

Hacked up on a day I should have passed

 No surprise that when I trade on a day with zero great setups that I get hacked up (at best!). I'm lucky I didn't get totally smacked down. 

Only "obvious" setup was PANW, gapping up on news Friday of being added to SP500. It didn't move me at the open and I passed (beneficially, bc it trded way down)

AMD and NVDA both had my eye for breakdowns. AMD barely/questionably triggered. I like how I waited for an entry, though maybe I should have waited for vwap break. When it "should have" fallen apart and didn't, I scaled out of 25% for the tiniest gain. Then it did indeed go against me hard. Got out for not-bad % loss, but was big $ loss on big-ish position. 

Then I reversed AMD long, and I can only say I got lucky to get out green on the long, bc I went to a pretty big drawdown in the interim. 

Story ends where it started, I would have been better off just completely passing on the trade this morning.  No great setups, no trading. Why isn't that extremely obvious. 

AMD short setup: Volume gap below trendline, looking for failure into gap.

Entry: I thought it was a failure off the second high of day. I think this was a decent entry, though it failed.

Management: Yank partial on the first stall. Gave the rest too much room and bad exit on xlarge position. 

AMD long setup: Failure to fail

Entry: Overeager entry after my short stopped. 

Management: Trim on first stall .Gave it too much room and took a loss on next partial. Was lucky to get the next surge so took some off on the stall again, but still held more which I tightened up on when I had green.

Psychology: medium.

I could have saved myself a lot of grief and prevented losses by sitting out today. Given that I did trade, I held to my stops and was aware of shifting momentum. 

But I shouldn't expect my techniques to work on nms, and therefore, it is futile for me to trade nms.