Just a Day Trader

I am not feeling to hot today physically. Ive had hives for a couple weeks now that havent gone away and keep spreading. Had a virtual doc appointment yesterday and got some pills to take. Side affects are kicking in and im flat out not feeling good. Ill keep it shorter today. Obviously plays were the gappers. Missed a whole lot on TLSA with an great looking triangle WITH failure WITH volume cues AND around a HTF level. I didnt trust it. I didnt see it. Was an absolute monster win. I did however take a few scalps on it. Lost on all of them. My big winner of that day was ATHM.... what? This little rinky dink stock had a sexy D chart pattern, that along with strength in its sector led to a really solid move. Never scalped it I shouldnt on names with that low of volume, but I did add and got a solid win out of it. DG was another short I tried. Turned about to be a huge trap and great long. Of course it started exploding higher after the SPY was dumping hard. Was not going to get in ...

0/25 what the actual hell. Only 1 compliance mistake today and it cost me only an extra -12$ everything else was death by paper cuts. I clearly was not trading the right stocks today. All I had to do was find something to long and I would win. Cruise/Airlines/Banks didnt setup the way I wanted to see them so I couldnt find a way in to any of them. Boesing turned out to be a good long but not until I had lost both long and short on it, so missed the move there. Other stocks I had planned just didnt trigger for me so I got a few reversals and divergence trades and still couldnt catch a win. Still didnt hit my max daily Risk so I guess if anything today I managed risk well. SPY Its wednesday so we had a few numbers come out before the open causing to rip into the bell. After seeing an all day sell of yesterday we completely forgot about it and decided to have an all day buy up not stopping for anything. The 1st lower low was made 4 hours into the day. Stupid strong. At the bel...

Time to do some data digging. Im noticing I am losing a lot of trades in the 1st 30 minutes of the day. However im also seeing that when I do get a win, its a pretty good one. So they seem to be make or break at the moment. I want to look at each individual time ranking stats (1= 1st 5 mins, 2 = 835-845, 3=845-9) and see if anything sticks out. Pretty surprised here. Was almost positive they were going to be below average but oddly enough compared to the rest of the times the first 15 minutes of the day I am actually trading my best. Obvious place to start looking, is all the trades in the 1st 5 minutes and see whats in common. First up is a BBBY trade 30min And Daily Notes          -Vol the day before was a huge key. Notice on 30min chart that huge ramp up into close          -Monster trendline from 2 months ago          -Not ATL, but 25yrlow (whats the difference)      ...

Well compared to yesterday, today was better, but not good enough. I completely blanked and forgot about me trading half size today and ended up starting the day with 4 losers, 3 on too big of size, 2 on too big of size for the star rating and 1 I sized correctly given star rating and me trading smaller. DIS breakeven. Made it all back on a GOOG reversal and SPY divergence scalps that played out very nicely. Today seemed like it was going to be THE squeeze day. Cruise and a few other beaten down names like CAKE and PLAY were finally seeing some momentum to the upside and I wanted in. A few other really solid looking breakouts were in play too with DIS, SFIX. And some other continuation plays NVDA EXPE and SNAP. SPY Big gap up above 2weeks ago after hour spike high, and yest HOD. Looked liek the channel was continuing to the upside so as usual, expected either a gap and go or a pullback to continue higher. Got neither as SPY pulled back but couldnt find any support so any long...

Going to start doing these again. Finding myself super frustrated throughout the day now watching all these good looking trades not do a thing for me.  Perhaps getting back to the more in depth review everyday, rather than every week, will help me answer some problems im having. SPY SPY Last week broke uptrend channel and was rising back up alongside it finding resistance at the TL. Regardless still uptrending not finding much weakness. SPYders also remaining strong looking up. SPY then broke minor downtrend line to the upside adding more bullishness after a failed channel breakdown.  In the morning we were gapping up and above the recent balance area. All signs point higher.  Expecting at the bell either to gap and go, or some kind of pullback to 283 and head higher. ROKU        -The Setup ROKU had a large gap up and broke the uptrend channel to the upside signalling over extension. Cooled off for a week and we made a v nic...