Just a Day Trader

Last day of the month. Looking to follow my rules. Lots of big name gappers today is what ill be watching. Just looking for clean price action at specific levels to trade off of. Everyone is beating and crushing expectations so we are having big gaps up, but so far this morning we seem to be giving some back. SPY gapping up real big after a huge positive day yesterday, making me think were due for a good pullback for a while at the bell. Will have to sit patient and still while the market digests these moves. The bias is on for a long, but not so much until we can find a bottom first. There will certainly be buyers, but where is the floor they dont want it to go lower from. I got a roll on my monthly review yesterday, had to stop working on it, ran out of time, looking to work on that a lot today, probably throughout the trading day. 1. Nothing but clean and clear setups with clear direction of strength or weakness 2. Get in Big picture idea. ROKU l TSLA l AAPL weak...

Most big name earnings are all coming out today after the bell, which usually means its gonna be a choppy day. After these names report is when we get some kind of good idea which way the market is headed. Not to say before hand isnt either but the reaction will be more important than what leads up to it. Expecting a slow day today. Dont need to force anything. Tomorrow will be just as busy if not more so than yesterday. Some other names did come out with earnings before hand so I do have my eye on plenty. For the earnings plays I am just looking for my levels to come into play with clear strength or weakness and follow it. Nothing special, no premeditated bias, will let the price action do all the talking. 1. Stay patient, nothing but clear PA at my HTF levels. 2. BIG picture, if 1st entry missed, take 2nd with smaller size and deal. 3. Follow risk plan 4. Nothing less than 8star fav. 5. Follow direction of SPY These big companies coming out with earnings and how we react ...

Did my charting for the day before hand after the bell yesterday. We had some crazy moves out there. Pot stocks ripping. Air/Cruise starting to curl up again. Earnings coming into play. Theres going to be a lot to look at today. Going to have to be quick yet patient. I am seeing a theme start up again. Only thing is the overall market isnt having the strength were seeing in the other names yet. Maybe this is what they mean by sector rotation. Stayed discipline yesterday, no reason not to do the same today. Stick to what I do best and let it come to me. 1. Follow Risk plan. 2. Trade only at prev hod/lod, d bo, past zones. 3. Follow SPY 4. Avoid all trades less than 8star favorites. 5. BIG picture. Get in smaller size if 1st entry missed. ROKU s NIO l PFE long / short if fail long WKHS l NVAX l ALL cruise/air/pot stocks l If the strength is there, we may see another big rip day like we did the 1st time, we retraced back to the levels we originally took off from, why not...

Not a thing to do yesterday. No trades. Today looking a little more busy than yesterday. Seeing some bullish signs starting to come back. Maybe a turning point day. Should be the day we see if bulls want to aggressively play this breakout. If not I think were due for some more downside to find value. But until the short side even begins, I need to remain long bias. Air/cruise lines look like theyre about to breakdown. Getting very tight. Just looking to trade and follow my rules today. Keep it simple. Not much to think about, just watch and react. 1. Follow Risk plan. 2. Trade only at prev hod/lod, d bo, past zones. 3. Follow SPY 4. Avoid all trades less than 8star favorites. 5. BIG picture. Get in smaller size if 1st entry missed. ROKU BA BYND PTON GSX Market kinda split. Lots of names very strong and popping higher. Others weak and nothing but down. In the bullish names, they are v aggressive. No chance for pullbacks to get deep enough. NIO SPY crashing, NIO t...

Slow monday. Long late night, slept in and woke up right as the bell rang. Got to charting and done in 10 minutes. Its a very slow looking day. Market originally failing its breakdown from its breakout now so not sure what to expect. Ive got nothing but failures on my watching list, looking for some recovery to the upside. We gapped up a bit to the higher end of friday. Dont really have bias one way or the other, but seems like the longs are going to be the easier trades if we can recover some more. If I dont get a single trade, fine so be it Last week was tough. Market was not giving me anything even though im following my process. Looking to stay adaptable this week. Dont need to change or force anything just keep doing what has been working for me and waiting til I see it. 1. Proper risk on each trade. 2. Avoid all trades less than 8star 3. Trade at prev hod/lod daily breakout or big past zones only 4. BIG picture trading, get in the trade even if missed 1st entry. Save big...

I could not get a grip this week. No clue whats going on, things arent making sense. My performance is awful and its not from me trading poorly, my shit just does not work right now. Slow week. Unexpectedly slow too. SPY broke higher from big range and TL and we didnt find any acceleration higher. (whose left to buy?). So telling me we may be ready for a deeper pullback. Later in the week we did get the big sell off telling me the breakout has failed and we may want deeper pullbacks. Expected more selling on friday but never came around until late afternoon. And even then it was nothing significant. But with regards to my trading, it was also pretty rangy and back and forth. Things are slowing down and there isnt much to trade as there was last couple of weeks. Less opportunity. The big thing I am seeing is my trades correlation to SPY. If SPY is not a trending up and strong, my stock that I want long is not going to be either. Unless I am looking at high rvol stock or its alread...

The short is on. The failure has followed through and lots of names ready for a long way down pullback. Got some good ones out there, some making moves already. Names im watching basing right at levels I want to be short from so looks like a busy morning ahead. Yesterday there just wasnt much for me to do. Probably why its been so hard to find a good long in this low vol environment. Now things picking up to the downside. Usually I have a problem with days like these where we gap down too far and im stuck waiting too long for a good short, but today we gapped and got right to levels without losing them yet. Need to make sure im staying on my game. Just trade like I have been and the market will either give it to me or not. 1. Only trading off of prev hod/lod or breakout levels. Significant past zones are also included now. 2. Stay aggressive. Find star rating asap to know risk plan. 3. Re enter when necessary, dont forget big picture ideas. If 1st entry missed, scale down, enter...

Things getting slow out there. Have to be more patient than ever and follow what the market is doing. Times like these are when I really need to make sure im not fighting against any trends. Staying on same side of the market is a must. If my stock I want to trade has been following SPY and I want long, id better make sure SPY is also trending up for the time. Same on the short side. If the stock hasnt cared about SPY all day and has high vol/rvol then I can get away with ignoring SPY. I got a chance to size up big in one of my trades yesterday. Didnt work but still had good potential. Followed plans did what I needed to, market just didnt give me one. Looking to do the same today. 1. Only trading breakout/prevhod/lod levels 2. Dont fight market. If we are weak, it should be very difficult to find a good long 3. Stay aggro 4. Re enter when necessary. 1min later or an hour later. 5. Dont abandon BIG picture just cause missed 1st entry. Take 2nd entry ride the trend, add more i...

Yesterday was a bit better. More focused, traded less. Market was a confusing mess. Could not get a solid follow through on the things I was seeing on the internals. Things made the move I was expecting, but not after failing a few times and getting stuck in chop for half an hour. Pretty much expecting the same today. SPY did make that big breakout, but so far we arent seeing anything significant. No volume increase, things arent ripping up anymore. Making me think we are failing and wanting a rollover. Still mainly planning longs as we havent seen that rollover yet. But must be ready for it. Lately when they do happen, we are getting those big red days dropping hard and fast and continuing the moves lower. Nothing at the moment looks good for that but I do have a couple. On the other side of things, some of the squeezers look ready to squeeze, getting super tight, starting to coil the 9,20,50,100 MAs and getting above. Could see a real nice pop in them. Lots to look at today. ...