Just a Day Trader

 This year was tough. I sit here typing this early December feeling bad for myself honestly. I did a lot of dumb stuff and the majority of it came from lack of discipline. Not having a well rounded plan, not following my plan or rules. Just lazy trading.  Its changed though. After my big break in November I got my shit together. Feeling great about new process, always making improvements here and there. Nothing ever changing dramatically, just constant review of best decisions and worst and adjusting process from there. 9/10 its always me doing something that I shouldn't be. Will go over that more in problems section. Overall I have to think that it was a good learning year. I really did look inwards to myself and my trading and capitalize on what I did best, and fix or drop what I did worst. I did a lot of different blog posts about fixing issues. Holding longer, cutting faster, not settling for lesser setups, finding what best setups were. Always improving.  Did a LOT o...

  Reset trade for me. Back in as it got better. Huge D candle to close out the day. Was in on flag breakouts all day. Closed near highs. Still hasnt broken big TL, could see a monster move here. 15% short float adding some fuel + industry.  ATH anch vwap at 43.20 will probably come into play tomorrow. Big TL break will happen probably around 43.80ish and is also a 50% retrace so well have to see how strong this name is if we can get through them. A+ start for it.  This name also has a history of selling off hard and fast any rallys that happen to it. If we do get failure patterns tomorrow, I need to be real cautious. Take the trade off for profit and look to reset it. No need to give it all back, just get back in when its better.  Out if failure + market weak + cant hold 41.75 2nd day Huge jump start at open. Made ATR and then some move to BO level, didnt quite see blast off so held through pb, made new high, now waiting to take one off.  And made it to next bo ...

  NVDA finally showing signs it might want to turn.  Held sideways most of day, then got above prev hi and made big W pattern and thats when I got in.  There are a lot of potential R levels to get in the way still. Tons of Fib retrace possibilities. A couple anch vwap. Super strong day. Broke 1 major TL, tapped the other. I want adds. Should be the turning point tomorrow we can really see something.  Out if market weak and we hold under 522. Add on any bullish setup. 2nd day weak open. Held around prev high zone and made a nice flag above vwap. Market started gaining some strength and I added as we got above it. Little aggressive here, but option value held breakeven very well during all this so low risk it seems.  Well the add had a great start, slowly lost it all back under zone and vwap. Will be all out if cant reclaim again. Not action I want to see.  Just kept dumping. Market recovered, NVDA did not. All out for max loss. Stupid. 

  Another big run up pullback china name looking ready for another move higher after its 1st main pb.  And more call buys.  Entered this trade at first near the open as it made big triangle around old bo level. Failed and I exit for decent loss Later on retested prev hi and saw good action, got back in close OTM call, more expensive but good action here and better vol on it. In as it reclaimed prev hi on bo, after failing a few times lower.  Cant quite get out of this range and back above vwap, may cut in half if weak towards close.  We have out big TL break, no big pop, held sideways. Will be out under 41.60 needs to find some momentum higher quick.  2nd day Along with other china auto names, huge run up, lost it all and cant find a bottom into dead hours. Making huge 3 hour long falling wedge. Still respecting levels, options still up, but getting impatient. If cant get out if this I want to reduce size and lock in some wins.  Industry may have found...

  Energy Stock. Energy is in an interesting spot, not super strong yet, but pulled back to big zone and looking to see moves higher again. XEL with big sell off returning back to important area, thinking we can get a good pop here. In after open as it made big range breakout into prev hi, above old bo level. Added more later on as it pulled in and reclaimed and broke more intraday levels.  Towards end of day, tested bo level again and ripped higher, added one more. Industry doing ok, edge to bulls, if we can get going here, looks great for more.  Close was ok, pretty much broke TL and held sideways all day above bo level but not prev hi. Will be out if holds under bo. Should be going.  2nd Closed super strong, para move into close. BO looks likely, options saw good move too.  3rd Couldnt survive the downtrend. All out b/e

  China name just getting killed for months, Back to big IPO area and starting to tighten up, TLs catching up, kweb/eem helping out. Figured its due for a real solid pop as industry finds strength.  Got that at the open, name blew up to bo level, broke it by a  few pennys, then sold off all day back under prev hi. I stayed in whole time, not seeing reasons to give up on it yet, but if things dont improve well before the close, I may at least trim. Reduce risk, leave it on for the better winners.  Drifted lower into the close. Did have some big TL retest and hold, not super clean though. Bothers me that we ticked out that breakout, and didnt hold anything afterwards. Seems like failure, but juuuuuust not enough yet to shake me out. Close though. Out if we cant stay above 13.60 later in day, or if Lo is lost. Add if industry strong and were holding 13.60 2nd  Recovered well after selling it all off again. Held better than most china names so I will stay in. Market...

  Excellent setup here, super tight action, industry help.  Flags everywhere, got starts as it popped through zones, reset lower and coiled around hi, never got low enough for me to want out. broke flag higher, added more, than another add on anther triangle break.  Next HOD ran into TL and broke it headed higher, seems like more.  Closed super strong near HOD. With major TL break. Seems like an A+ start so far. Looking for break of 50 to take some off. Really good signs of a solid break showing, kept up with same vol, only looks like more coming.  Dont see reasons to exit, but better to have a plan just in case. Out if hold under 47. Would mean bo failure.  Add situation may appear, add if we consolidate around / above 48.50 and break higher.  2nd day Put in an ATR to pt breakout to start the day. Took 1 off as it pulled back in.  Cut majority of this trade off as it couldnt hold above anything, failed breaks higher, industry sucking all day, bro...