11/23 DRC

 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 blasting off but not. 

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

Later on market sold off hard. Giant upside down v shape. Right back to htf level

KIRK

Down to htf bo level at open, held good tape in and added. Spread a bit wide so only 1 add. not great prices. 

To vwap and stacked under with hidden sell it seemed. Big offer at whole. 

Slow but got through, big vol increase tape nothing but buying. New HOD to take. 

Got there, sell was quick so gave back a bit on taking off add. Letting core ride. 

Back to be and back to hod, getting very choppy. Will leave this with decent win on hold under 14 or vwap. 

WS market exploding, not seeing follow up, super tight near hod and TL from lod holding us up. If breaks I imagine a lot of longs want out. 

Broke TL lower into what seems to be hidden buy. Holding and using as last stop. Taking partials on new HOD break. 

Couldnt reclaim with vol or strength all out as it had some selling lower. 

Will be back in at vwap if I see good buying lower again. 

Chart with vol is just weird looking. Going to have to wait on test lower, dont want to get caught chasing when its not clear and clean with vol cues. 

Went for scalp at hod break, was coming with vol and momo, got to big offer at whole number and stalled. Could not get filled on exit. Shouldve been tiny win, left huge loss. 


BE

reversal, no go




Going to call it an early day. Scratch day overall. 

PYPL good location, good entries, proper risk, no follow through and bad exit on add. Couldve saved maybe $30 or .5R

KIRK same as above but size was too big. Sometimes I flat out dont have time to do that math and this was one scenario. Was a good win overall, but again no big follow through leading to only erasing 1 win not multiple. Again just how it is sometimes so fine. 

KIRK dumb scalp loss. Meant to be tiny win, instead no fills leading to big loss. Flat out need to be faster, hit out if no fill on trying to bail fast.

BE fine reversal loss.

Big error on the day was not being involved in PYPLs actual breakout. Was focused on KIRK so didnt take. Of course was the one win that blew up and wouldve made me day huge.

Overall I am slow. Shouldnt be surprised its been a few weeks since I traded. But happy to be back in the seat and trading again. As I continue trading ill get back up to speed and size correctly, be more aware, hit out faster. 

The biggest thing I need to focus on is being conscious of risk at all times. It been my main negative trait in trading from my last monthly review and needs to be the focus on getting it straight and consistent. 



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