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Showing posts from October, 2021

October Monthly

Month was an odd one. I dont think I had a single day I spent more than an hour and a half trading. Usually 45min to an hour in I knew I was going to be done. Its just the trader I am finding myself to be. Finding my lane and staying in it. Lots of review work to do here. This month I started keeping track of my A B and C game performance around Trade performance variables, and emotions.  Late last month, I was keeping track of them on a 1-5 scale, but it wasnt consistent enough in record keeping. So I changed it to A B and C, Or just 3 for A game, 2 for B, 1 for C.  I want to retype out everything here to try and solidify it better in my head on what exactly it is im keeping track of.  So for Trade Grades,  Daily Setup     -Clearly, some are A+, some A, some B. If its A or better, It gets an A game grade     -B game is good enough to watch for, but not A grade.      -If I have no business even looking at the name, C game Entry Crit...

October 4th Week

  Focus this week is on trading adds correctly     -Cutting adds on warning signs and no momentum     -Letting adds run to take profits under correct conditions      -Cutting for loss asap if fails Going into last week, main focus for my trading is around fear. I need to trust my process better and follow through with the plan. Let the trade be. Let the win run. If loss, cut it, move on, be ready for re entry.  Market itself is quite over ext, going to be tough to see clean and clear breakouts happening. Going ot have to take it a bit slow and deal with less trades. Quality over quantity.  Monday Gap up a bit. Getting hard to see clear setups without chasing. Market needs a reset for me to have better setups. Mostly short setups today so well see what happens. Play it small no reasons to hold for any huge flushes. Buy the dip scenarios overall. C got me good. In on reclaim and engulf of CA and HOD. Completely stuffed to new LOD in second...

October 3rd Week

 Focus this week is on trading adds correctly     -Cutting adds on warning signs and no momentum     -Letting adds run to take profits under correct conditions      -Cutting for loss asap if fails Monday Premarket gapping a bit lower, super choppy, headed lower with failed break higher into bell. Mainly longs today, but do have a few shorts as well.  ET first to trigger. Nice huge offer lift at open to pmkt range hi and d hi break. In but no add.  Pulled in but added on new pull up and HOD break.  Low priced Energy name, not exactly a huge mover. Great tape so far.  Just building under BO level. Energy sector is hot and very green. Should see something.  Risk can be tightened. Will keep adds on for OG stop.  Held vwap and D level, back to HOD.  Slooow moving. Made it to BO level, waiting. Taking half off doesnt mean much of anything. Got 16 contracts on. Only 5 cents profitable. Gonna end up being tiny win. ...

October 2nd Week

 Did not trade much last week. Focus this week needs to be on not only cutting momo adds fast, but letting them run appropriately.  Cut for loss is turn asap + 1min recent hi/lo loss +1R cut b/e +2R cut positive +3R cut +1R Or take off on PT 1min hi/lo break Nothing else should make me exit these adds Monday Gapping a bit lower, names on both sides today. Shorts do look better but nothing is spectacular A+ out here.  IBM and C both triggered at bell IBM great attempts but getting stuffed to LOD not losing it yet. C good move higher.  Both completely lost it., Stuffed so hard so fast lower out.  KSS rel weak, came into vwap and htf d and b, stuffed lower saw sell on tape in and added. Needs to lose it, no market help no extra special conditions for sell here.  Cant lose it, seeing good signs stuffing buys lower. Waiting. Market still straight up. Pulled up some And lower again for LOD test. Needs to go or bail.  Spiked up, cut momo,  Got above vwap...

October 1st week

 Monday Ended the month distracted, starting this one distracted already. Might have ot leave desk early well see. Market gapping down but holding it trending up. Maybe failing. Dont have much on the list at all today.  Did not trade today. Had to leave.  Tuesday Market looking awful. Mainly shorts. Should be a good learning day. Gap down may ruin things but we shall see. Some names had a ways to go to trigger anyways.  Gapping up a bit.  MU weak open, above vwap and zone, failed rejected lower and in. TS screwing me cant add.  Random fill. Not sure whats going on. MOMO add, kept dipping lower but couldn't stick it., Cut MOMO for small gain. Market not weak yet.  Dipped to LOD anyways after I got out. Tape just wasnt there. Guess I didnt get a good read.  LOD break nothing special still. Market not helping. Still seeing buying on the tape, big vol candles, small price candles. Seems like its being bought. Took another half. RTX in and added. TS fr...

September Monthly

The word for this month is distraction. I was distracted this month so bad. What should have been my biggest day of the month ended up being a huge miss because I was not prepared by the time the bell rang. I was scrambling trying to get my order windows up and ready and missed a few trades and butchered the ones I was in trying to play catchup. The other issue is more housework. I finally buckled down and just pounded out digitizing old family photos. And finally finished it on Oct 1st. Out of sight out of mind. It had been taking up mental space for too long. Now the other issue is getting the rest of the junk out of the basement, and preparing it for me to move my desk down there.  Also have people coming to fix flooding in basement so needing to get things cleared out to move around. Also new doors coming.  I also dislocated my patella at BJJ halfway through the month. Obviously thats caused problems among day to day activities. It is fine now. Probably 80% back to normal....