Just a Day Trader

 Last day of the month. Not much trading exactly to talk about. Big issue last week was speed. I was slow in almost all cases. Trying not to look too much into it. Took a few weeks off, its expected to take a bit to get back into the swing of things. Risk was main focus as a goal going forward. Correct size, consistent risk throughout every trade and setup for consistent results. That I did good with. Main things to focus on 1. Following entry criteria, making sure I trade what I am supposed to 2. Using correct size to reflect risk already determined by setup 3. Must be faster with ^^^ 4. Cut losses fast on adds. In and out, dont wait. 5. Follow management rules, up 1R/2R etc. 6. Take profits in 3rds.  7. Enter trade with small size if it is leaving without me. Big adds come in only if core is at price and action I want to see.  Market looks hot. Nothing but breakouts around. Gapping down a little, recovering already though into the open. SPY at and holding above prev lo,...

 The bull run continues. Looking like ATH are near to us. A good amount on the watchlist today as things are starting to rotate, EV names selling off a bit, new setups becoming clear and look ready to follow up on the SPY break. Yesterday was a fairly slow day. Didnt have much going on. My mistake was not holding my core long enough given big picture circumstances. I got a little too scared and took off whole size, rather than take my partial and let it ride. Big picture idea remains unless structure is broken. Not just getting out cause I feel like I should.  Its the day before thanksgiving so goals are to take it slow. No need to force anything, let it all come to me.  NCLH CAKE GOOG MAXR PPD NVAX EXPE LYV KTB GOGO AZEK CVAC LMND LMND Solid strong open, failed a HOD break and retraced back to prev hi, made range breakdown very slow and low vol. Got in on super light vol, couldnt find the buying though stopped. Fucked on exit.  --------------------------------------...

 Another odd one. SPY and other names gapping up pretty big here. DIA IWM following, but the QQQs and FANG names are not seeing any strength at all. Not really sure what to make of it. Maybe FANG become laggards to catch up later? Maybe were having a fake breakout higher to ATHs that'll fail horribly.  Seeing a lot of gappers lately especially today all Acquisition companies. Not sure what to make of that either, maybe the new hot industry. My calls are happy on my swing trades though. Not swinging any FANG names, until they act strong, not interested in being long them. For day trades, got some good setups. Most already leaving the breakout zone, will hopefully get some pullbacks along with SPY. Just not too deep of a pb. Might be a day where I dont really catch anything good unless it really starts to coil above these zone. My issues yesterday were speed. Didnt do math fast enough to calc risk + size. Little slow to exit some positions. Just slow. Should be better today thou...

 Back and ready to go. Charting did not take long at all, things still messy. Beatdowns had there gap higher, with gaps lower, now in ranges cant decide one way or the other. I like the long side a lot but not until things get cleaner. For now only 4 names on watch today. Gappers are here but non look good enough to actually trade so playing small ball today. SPY gapping up a bit, some news just hit the tape it looks like and we sold off a bit. 2 shorts and a long is what im looking at so direction doesnt matter too much, so long as we have direction.  KIRK PYPL MSFT NVDA Goals today are to get back into the flow. Stay focused. Scalp around if its there. Take the big picture trades if its there. Risk correct. Size correct. Management correct. PYPL Strong open for market, PYPl tested under levels, then broke them and HOD, got in and added. Failed right away and out add. Again made new Hod with good vol but stuffed back under again. Out all for moment waiting on reset. Should be...

 Hello all, Last day trade that I took was on October 29th, so almost a full month off as I'm getting back into the swing of things this coming Monday. Halloween weekend was a good one, lots of stuff going on so wanted to leave the desk on a good note. Then shortly after we had a wedding party in Vegas so took the whole week off as a break looking to get back into things that next Monday on the 11th. Trip was great, everyone made it home and then Monday morning happened. I was ready to roll and a friend texted us all that he tested positive for covid. And it was a snowball from there, fiancé went to work that day and as soon as we got the text, came right back home. I was sitting there 'trading' but didn't take anything. Market is a mess but that's a different story. Pretty much convinced myself it wasn't time to come back yet. Fiancé tested positive yet I've been negative and feeling fine this whole time. Everybody is fine now, I wasn't feeling ready to...

Hello all, I am back. Was a crazy trip, much needed break. Still not feeling completely ready to get back into 100% trade mode yet as theres still some stuff around the house that needs to be taken care of as well as wedding plans. Very close though.  Today going to sit and watch things. I did glance at charts to look for some setups and paper trade. The market is pretty unbelievable right now. I look at these gaps and thinking this is some of the strangest stuff ive ever seen. Names exploding gapping higher 10/20% out of seemingly nowhere. I suppose we really like Biden as president. That and as always, shorts getting killed.  Watchlist super small, market is not very clean so should look to stay away anyways. Not a lot of clear opportunity out there value seems to be on downside as we want to fill in these gaps. Either way going to keep staying in scalp mode and look to scalp more SPY and QQQs. Monthly goals are  -90% complaince -Correct Risk at all times -Scalp more SP...