10/12 DRC

 Coming off a rough patch in my trading. I didnt do a weekly review. To sum up what it would have said, "follow your rules.' I cant stop making mistakes. Pushing too much size, revenge trading. Settling for less. Abandoning my plan just because im frustrated and down money. Not getting back in. Its the works again.

I took the time over the weekend to work on my process. I have it down in writing. Its a 4 page plan that covers all aspects of what I need to do for each and every trade. From before entry to after exit its all covered. The only thing left to do is follow it. Win or lose, as long as I follow my plan I am fine.

Market is gapping up big today. Putting a few of my setups out well out of range will have to wait a while on them. But for others, still under the prev hi and bo levels and looking to get above. Should have plenty to do today. Not too much though.

We look ready to continue our uptrend again. 

2star

AAPL TSLA WKHS WMT ZM AVGO CELH EMN SPAQ PYPL RRGB CGC NFLX Airlines


NFLX
mkt sell off at open, NFLX into prev hi, held for long while, got in on good buys, market turned up, we dropped new lod tho and out. 

Did make a mistake here, too big of size led me to get out on break when rules state i need to give it a second to wait and see, and If I did I would have a profitable trade right now as it spiked back up along with market new HOD. 


WMT

coiling around prev hi, dropped to it quick on low vol so good vol cue. Spiked up in and added. 

Add failed out of that. Core remains. 

Dropped it hard, gave moment, did reclaim with good buy so added to core. Stop tighter now, market looks to bounce from vwap. 

Dropped it again, stuttered around. Seemed to lose more so all out. SPY also losing vwap big red. 

------------------------------------------

Very clear vol and tape cues. Market not helping yet but monster buying. Back in and added. 

Looking for adds to get to new hod here, huge vol cues we should be good. SPY back above vwap well see if we can start uptrend here. 

Market failed, now looking pretty weak, WMT reacting but not losing it yet. 

And new HOD made. Taking partials on adds only, core remains until big D PT hit. 

9ma very far away and given current market weakness, think its better to be safe than sorry. Will take half instead of 3rd on 1min lo. Unless market does want to turn and get stronger.

We make nice move to 144, Big PT at 144.40 for big D bo level. So far direct shot right to it. No partials taken yet.

Super move to it here, going to consider this good enough and start taking partials on core as well. Dnt wanna give this back especially if market going to lose it lower which it seems like its barely hanging on. 

Market turning up, WMT still holding on and higher here. Amazing move. 

Just 2 pennies short of the big break. Lost the 1min lo on spike lower, took half. And right back up to it again. Fine with it, still have size. 

And we did break. 1/3 Take another half on 9ma break. Next level at 145 then 145.50 would be D level and 1ATR 

Lost 9, had decent bid that held, will be my out. Market made new HOD but turning lower now. And taken.

Last bit I will take if we lose 50% of this move. Very dramatic move, lots to be tested lower. VWAP almost a point under us. We had tight mini range holding above 144.15 which is just under the 50% retrace, would be perfect spot to hold, if cant, all out. 

Pulled into D bo level held for moment, may be new stop.

Yes will be new stop. Market continues higher. WMT move up here on low vol. Not great will protect.  

Drifted into new HOD, big vol explosion, stuffed hard on same vol. Drifted lower into 20/50ma and mini range lo at .50 , all out under it. Market still trending higher. 

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Market going parabolic, WMT building above D bo level with MAs above. Seems like might be good spot for re entry on a failed


ZM

Still under vwpa, but coiling around prev hi. With vol cues. Market ripping higher and we have low rvol. Might see something but think I need to wait here for something better. 

Trying to hard to make myself find a trade here. Probably better to wait and see move higher first, and then in on pb. 

Good call to avoid, chop fest. 




Very odd market. SPY going para, looking at FANG, nothing crazy strong as it is, internals also weak and looking weaker. Strange stuff. Going to call it a morning, come back later and see if anything has changed. 



Showed up later. WKHS in good spot. Went for momo scalp, didnt go. 

Went for it again same cues, better follow up. Added. Not much more after though, made money back and small win overall. 



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