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. 

Cut the whole thing as it pulled back in. I dont have any business day trading this name. Removing from list. 

Market not offering a lot today so far. 30min in. 

EBAY market on a tear, EBAY held well above va zone. Came into vwap prev hod and bot range, bought up and in. Adding with momo if I get it. 

And collapsed, all out

And quickly my trading day looks done. Only thing on my watchlist that made a big move was AMZN. But did not give me a good setup to take on it to capture it so had to let it be. All other 10 names, nothing playing out or making a decent move 

Tuesday

OSTK and ZM at open. Bit wide spread and slow. Added ZM

ZM failed and dropped LOD with market

OSTK turned back up to HOD break added MOMO

ZM holding between Bo and D level, getting tight, re add is here if pops. 

ZM did pop and got momo adds in. 

OSTK slow moving just dribbling along. Market turned higher. 

CUT OSTK momo adds off. This name is so slow so widespread itll be seconds and ill be back to breakeven. Not worth trying to hold and squeeze pennies

ZM big pop to VA from last month, Only thing In the way I could see as far as R. Saw some stalling, lost 1min and took half. 

ZN kept popping anyways, again my 1min lo break here wouldve made me more money. Made it to top of VA seeing biggest pause in action since open. Waiting. 

OSTK still creeping. Wanting to take more off here such low vol this thing will snap back to vwap hard to retest/reload 

ZM took another 1 off on bigger pullin. 

OSTK same deal as it pulled into 9ma.

1 left on each to ride. Im out of BP so will be done for the day on these last 2 exits. Market turning lower now failing HOD. 

ZM snapped lower on 278 break lower into vwap all out. OSTK same thing. 

And done.

Great job getting back in on ZM and being ready with momo adds. Saved the day. Eliminated Monday losses and majority of losses from friday

Both trades got worse after exit so glad I did not overstay my welcome. Good stuff. 

Wednesday

Market still looking good. Smaller list today. Too many things already run up, seems like we are due for a pullback again. Mostly longs, a couple shorts. 

BYND only thing came to me. Super patient waited added and added. HUGE pop, took momo 1st momo pb. 

Took other on 1min lo break. 

I got pretty lucky with my 3rd momo fill. Saw tape and just went for it. Fortunate enough to get that fill right as i put it in then it took off. 

Dripped lower to vwap, ripped back to hod again. Waiting for break there into BO level to take last half. 

Market actually turned harshly lower, BYND reacted, once lost 1min lo near HOD I took it early. Will take last bit off on either HOD break or range break here and look to reset trade at vwap. 

Couldnt hold it, broke lower all out for moment. 

Got under vwap and dumped it hard back to OG breakout. Im doing REALLY good at not overstaying my welcome and seeing it pay off. 

MTCH

setup an hour into the day. Held well above vprof area with retest. In on pop higher. Market v strong. VWAP a bit aways away still, not perfect but like what im seeing. 

Still coiled, big spike up again added with momo. Looking to add more if can rip. 

Market been ripping, now turning lower, Nothing happening here, might get stopped if follow market. Tape was excellent, just cant follow up. 

 Dropped into vwap and bottom va, cut momo adds. 

BYND did reset, gave very clear re entry at good spot. In on pop, waiting to add momo

Stuffed me right away to under vwap and TL and bo level. Bail or reclaim and add here.

And ripped back up, broke range high added. I would add more, but Im out of BP

Dipped lower again under range out out. Dumb. 

Done for day BP wise and dont need to give anymore back. 

Thursday

Market clearly in need of a rest. Still have majority longs im looking at. Need to be patient though. Recognize we may not be in fly straight up mode for much longer. 

And a big day of nothing. Avoided all, no setups. Missed nothing. 

Friday

Market still drifting higher. Still majority longs couple shorts. Cant expect this trend to last forever. We are slightly gapping higher into the bell

Last week I made mistake of trading too large on option exp day. A few I have on watch are also exp today. I need to sure I am managing and expecting risk correctly. Going to have to account for at least twice the slippage and spread as usual which ultimately, means half size. 

CVS trigger but quick in and out for L. Tried to cut momo, just couldnt get the fill. 

Reset later on, made HOD break, waiting for PB. Def in play, good rel strength while market dump. Huge option flow and rvol high. 

Came into VA level and saw good buying and tape. In and added

Not ideal location as under vwap a decent bit but clearly good tape

Alright well kept dipping, as soon as I got out, thing ripped higher

Going to call it here unless something gives me some really good clean clear setup. Will wait on CVS to reclaim and hold above vwap if going to take again.

Big issue on the day was missing DKNG. EA was another miss,, but acceptable given 0 pmkt action and widespread. DKNG had action pmkt into D level, lost it just before bell and came into pmkt lo. Was a clear follow the pmkt momo into the open and take the short trade. Skipped it cause I didnt want short yet and focused on CVS and EA

PERFORMANCE

B+ Week. 

Trade Grades. 

2 Bs, Rest As. On the Bs I sized up to low on a big ZM win. Didnt add size after recognizing risk was smaller than initially thought. Also cut the adds too fast, didnt give 1min low. 

Other was CVS. Settled for lesser trade. Was not a breakout. Was not above vwap. Market not clearly strong. In and out super fast loss. 

Other mistakes were being too early on MTCH , can say same for CVS. Didnt let it get to vwap 1st before entry. 

Emotional Grades

Greed 2 Bs, Early entries, settling for less

Fear 1 B, Cut profits too soon. 

Anger, No anger problems

Discipline 3 B, Low risk and didnt cut profits correctly. Settled for less

Confidence 2 B, Overconfidence on early trades. Settled for less. 

142/150 Overall, not terrible, No C game drastic mistakes. 

And that was it. 10 trades on the week. 4 wins. Avg Win +$303, 3 Trades totaled +$1200

Avg Loss -$93. Only 3 losses barely over $100. 

Taking it slow and easy. Not forcing much of anything. Thursday I didnt trade at all. Nothing looked good enough. Finding myself focusing on less and less and its turning out to be a good things it seems. Quality over quantity. Really digging into my own trades and grades now. 

PROBLEMS

-Still having fear with letting winners go. I cant seem to take hand off mouse and let the 1min lo break rule play itself out. 

Goal Review

    -Cutting adds on warning signs and no momentum

        -Could have been better. Still need to keep this in mind next week

    -Letting adds run to take profits under correct conditions 

        -Close still some slip ups

    -Cutting for loss asap if fails

        -Close, still needs to be better