Just a Day Trader

Really solid month. Best of my career I do believe. Only 4 losing days this month so 15 for 19 days I left with more in the account than I started with. Of those 4 day, 2 were pretty bad I know one was completely preventable. Just have to stop myself from trading those kinds of days. Everything was up. Risk, p/l, wins, WR, R, Compliance. Everything was great and I really owe it to making rules that fit my trading style. After the rules have been made all that is left is to follow them. The biggest plus is every trade I am taking, majority of the time I know that at some point, I will be leaving the trade with a winner and that is a really good state of mind to be in. Its not about catching the whole move, or top ticking or bottom ticking, or Full size right from the start. Its just managing your trades the way you know they should be managed. For me it was taking if off as soon as its not acting right, while I am still profitable in the trade. Not about being right or wrong...

Looking like another super busy day. Tons to look at. Been the theme this week it seems. Beatdowns popping, ATH in big names. Now the question is are we failing? SPY big doji reversal setup. VIX popping higher ready to explode it looks like. Lots of failed breakouts out there again so my trades are 5050 long and short setups. Trading has gone well this week. Just need to keep doing what im doing. Stay patient, let it come to me, no need to settle for anything questionable. Going to have to leave early today. Will have no time this weekend until late sunday to even get to the desk to work on a review. Its the end of the month so I do want to have all my stuff in order and ready to go, so I am looking for 1 solid winner today so I can get an early start on filling out my numbers.  1. Let it come to you. Dont need to be first jumping in front of weakness 2. Follow rules. 3. Size up on best trades. SPY VXX AAPL AMD DDOG WW LVGO STNE CNK LMND ENPH IQ Solid...

Shaping up for an interesting day. Lots of news releases and now 20 min before open SPY got big vol flood from Fed. Still edge to longside, do have some shorts and failed breakouts to short. Initial reaction was sell off, but turned right around and ripping higher, should add some gas to the longs. No names I have on watch right now seem to be opening at the prev hod. A thing im noticing lately is names that are opening at levels I usually want to see a pb to a hold to get long, are simply taking off right from the start so that will be something im looking out for today. 1. Any trades at significant levels at the open, watch and go with momentum. 2. Follow all rules 3. Proper size. Get big. ROKU SHOP FSLR WORK MRNA LMND FSLR solid setup, made range above dbo level and broke into, spiked up with good bids. In and out. L. -------------------------------------------------------------------- Much later in day had solid reclaim above all. Looking for pb to level to ho...

Yesterday was an odd one. Had tons to look at and only 2 the whole day gave me something. Pretty much a repeat of today but well see how many I get. Market still up and moving up. Today gapping higher and now looking to break premarket highs. Long and strong. Still plenty of breakouts and failures out there looking to turn back higher. 1. Follow all rules 2. Trade only the cleanest and clearest AMZN DKNG SHOP FSLR FSLY IQ WKHS MGNX SPAQ NKLA Strong premarket, looking for return to prev hod for long at bell. Got it, but chopped around for a moment and out. AMZN strong and held strong while rest of market turning lower. Got in as it failed under vwap and HTF. Added as we are ticking up and SPY turned up as well failed a lod break. TLB intraday with no vol kick so warnin signs. Looking for HOD, SPY seems to be turning and good tape here. But very slow into this HOD test. Came back past entry and out for L. Lost vwap and TL. No re entry yet. -------------...

Today looking like the busiest day of my career. Beatdowns back up again just when I thought they wouldnt. Tons of breakouts still out there. Market was odd yesterday. Pretty much chop city until the close where we ripped everything.    Expecting it to continue because why not. Majority returned to major point of controls, giant consolidations this whole year, now turning higher after a slow low vol pb back to it.  Just about everything gapping up today. Not so far from prev hod that itll make it tough for me, so luckily will have small pbs at open to look to buy the dips on some names. Gonna be tough to choose which is best so will go for my favorites if they setup. Going to have tons of charts up today so focus needs to be a goal. 1. Dont settle for anything, a lot to look at, the best will come to me. 2. Follow all rules. All beatdown names AMZN NFLX BA FSLR IQ NIO TTWO WKHS SPAQ SPCE BA Quick drop into prev hod, hit several times anf failed to drop wi...

Today should be an interesting one. We are gapping up huge. Just about all the names I had are well above the level I wanted to see the break. Going to have to look for a lot of pullback entries today at the open. Some still under looking to break soon though, hoping we can stay under and break in real time hours. Market looking very bullish again. We saw a lot of failed breakdowns turn higher. Some names stll coiling tight under breakouts. Beat down names have returned to top of consolidation and with gap up today are popping higher again already, looking for today to be a continuation of there run ups. Well see just how explosive we can be to the upside. Ended my week on a poor note last friday. Is whatever. I have rules in place, mainly re entry rules to follow. The rest just keep doing what I have been doing. Stock selection, entry locations. Wait for it to come to me and the tape will show the rest. 1. Stay patient, busy day ahead. Take the clean, clear, and strong, and avoi...

Pretty disappointing week. Reminding me that trading is in fact a job. I really got in my own way. I cant count how many dollars of potential p/l I lost by either getting out when I shouldnt, or not getting back in when it resets. Started getting lazy this week and paid for it. Also size issues came into play a lot. Failing to determine star rating before trade, sizing up on lesser trades, adding too big. Taking the trade at all. Taking too big of a loss on my starters. I have a lot of cleaning up to do. Destroyed potential p/l this week by not getting back in. Talking $2k + I get so obsessed with trying to get best price best entry I completely miss the big picture. It cant happen anymore. Best way for me to fix problems is having them down in writing with a plan to implement when the situation comes. For the market itself, was a really straightforward week. Majority was clean uptrending action. Some days a little harder than others. Monday didnt take a single trade. Longs alw...

Yesterday my trading was a bit messy. Problems were -Always be charting TLs -Get back in -Breakouts dont only mean scalp the move only. Big picture. Leave some on. -Run for the exit dont walk. When I walk I lose money. Follow trade management rules Today just looking to trade well and follow my rules. Things have been working well, need to stick to what has been working best for me. Market gapping lower a bit. Making my longs a bit harder to see at the open. Some are there some not but overall sticking with long side. Dont have any shorts today. 1. Take trades at prev hod/lod dbo levels only. 2. RE enter trades on big picture idea and level breaks 3. Always be drawing TLs to find places for re entry. 4. Proper size and adds PFE Great failed short on D. Weak pmkt but gapping up big. Looking for pb to prev hod for long. Got what I wanted with good tape but couldnt keep popping higher for me. Decent loss. Tried again, no go. And again, but SPY turned lower on m...