January 2nd week

MONDAY 

Market looking ugly. Still may just be buy the dip scenarios. We shall see.

WMT triggered with rel strength. I ended up way to large size for OG. Charts stopped loading for me so trading kinda blind. Was unaware of how big I was relative to spread moving back and forth so took a big L. 

TUESDAY

Up and ready to go feeling better. Market had a solid bounce, open headed lower though. Still all longs, hope we can see strength come back in. Market selling off into bell.

SPLK 1st trade of day. Got above vwap and held for moment, had flash of momo higher and i was in small. Immidiately lost it and dropped lod. 

PDD was a huge miss. I didnt have the confidence to pull the trigger and get in. Market clealrly weak and dumped more at open. FXI was strong clearly bot and PDD showed the same. I could have taken HOD breakout into D level but I skipped it and said ill wait for something better. Mega win missed no pb. 

SPLK reset. Reclaimed after hard lod loss. In on same deal with momo higher. Market also showing signs of bottom. Waiting. 

Market ripped SPLK new hod and popped higher, i added but TS refuses to be fast for me. Got double filled on momo so risk is pretty latge, have to follow rules. 

Volume clearly growing needs a rip like rest of market is. 

Spike lower after a few HOD failures and bailed momo, then ripped new hod and then some. Fuck me. 

Cant tolerate sitting in this slow name with spready pulls ins. Said fuck it and bailed around 119. Removed SPLK from daily watchlist. 

Missing other good clear momentum names because i want to trade this garbage. 

WEDNESDAY

Disctraction day, going to be at in laws trading from laptops. 

And it was a problem day Hotkey a mess. Super slow to entry and exit. Kind of have to deal with it, also my own fault for not being better prepared.

Traded LVS a couple of times. Got above vwap and held for a bit twice, both failed and dropped on me. 1st without market strength, 2nd with, got above big range but failed and took big L.

Clear issue im having is not taking the trades with the clear strength. BA was the choice stock to trade, had a rip above vwap, retested and took the F off. I didnt even watch it because I was too focused on LVS doing its little garbage chop where maybe we get above vwap, maybe we dont maybe we hold. So got chopped up and took some Ls. 

Hard to judge mistakes. It clearly was above vwap, but not doing anything special, clear range break just no go. I think the trade and risk was fine. It again came back to priority. BA or LVS? A stock that moves a dollar a minute, or 10 cents a minute. 

THURSDAY

Been trading poorly this week. Selecting lesser over greater. Skipping clear setups at vwap. Market is up an turning up premarket I have good names on my list today. Trade like I mean it. 

TGT 1st. Clear weak and hold under vwap after test and in on reject with momo adds

Didnt go and cut momo for close to breakeven, reset at vwap and started again lower this time with a bit more market help. Had a good drop added in again but couldnt bust 224 and ripped me.

I am getting sized up much bigger than I think I am. Im trading a 2$ option with above 60 delta and im expecting to only take 15 cents of risk. Im wrong. Im too big. Im taking too big of risk, and now too big of losses. 

Had enough BP for NIO. Took off vwap bounce but nothing left for momo. EVs very strong 

Ripped to HOD, waiting for more still. 

Market deciding it wants to flush now. So back to breakeven. And lost more all out.

WHAT I THINK IM RISKING, AND WHAT I AM ACTUALLY RISKING HAS BEEN WAY OFF THIS WEEK

Taking huge losses completely disregarding actual risk. 

 

FRIDAY

Big down gap day. Obviously making it difficult. Doesnt look like ill be able to take things at the bell, will have to wait on pullbacks. 

RIVN well below level pmkt but pulled up to test at open, teseted HOD and prevhi and failed and in, ripped me out. SMALL loss because I am aware of my actual risk. 

ATVI lost level and vwap, reteseted held well, had momo lower in and added but ripped me. 

WMT clear perfect setup, just not around any level I had labeled. I wanted it though. 10star setup with failure at vwap breakdown, bought up in and just started adding momo lots when it ticked higher. Got a great move to HOD, took off momo lots, let OG ride til 1min break and took it all off. Drifted higher but im fine not holding it, market ripping higher for now, who knows when thatll turn. 0dte means i need to take faster that let go. 

ATVI reset at vwap with failed breakout higher while market rip, clear rel weakness. CLEAR delta divergence, they had been buying all morning and seen 0 profit, clearly trapped. When it brokw lower in and added, took off momo on micro, then on 1min hi break, now waitingto take OG on next level break. 

Took small off on 63 break. Had big seller we broke above into 9ma and reclaimed 20 on 15sec, momo seems done out the rest

Solid day thank you mr market for the clear easy looking setups and moves. Thank you me for noticing it and jumping on it with size, not afraid to add as it worked. 

Absolutley my biggest issue this week was risk. Too big on initial OG entries. Unaware of actual risk on momo adds. Too big of losses on names. 

Only 1 Momo add gets taken off on micro pb. If I have 3 total momo adds, that means at 2 of them ride to 1min lo break.