Just a Day Trader

Im a new trader this year compared to the last time I did this. Therefore I take new trades, with new risk, new management, and new expectations. So I need to review my winners again on these new types of trades under a new style of trading, and see if anything stands out.  23 wins total Setup Location     -Top ////     -Mid //////     -Bottom ///////////// BO /////////// PB //////////// Setup Condition     -Pre ////     -At /     -2nd //////     -BO /     -F ////////     -Continuation /// Long ///// Short //////////////// Close Location     -HOD ///     -H ////     -L ///////////     -LOD ////// Candle Shape     -Engulf ///     -Cover ////////////////     -Pierce ///     -Doji     -Inside / % close     -<1% /////////////     ->1% //////////// Prev Day Range //////// Prev Day Vol...

 Starting things offf ugly. Not much to say about last week. Only 3 trades, Nothing really working for me in this environemnt, just remaining super patient. Market looking ugly to open up this week. No gap but we look ready to jump off a cliff. Hope to see dip buyers overall. MONDAY 30min in market finally acting weak, some confolicting internals. NVDA with the setup under vwap reclaim, started running lower with market in and added. Stalling for moment. Waiting.  Ripped me all out Market also turned up, maybe a bit early.  TUESDAY Gap lower then retrace back higher.  AMZN a stock on not og watchlist setup for me, clear tight arnge just around HTF zone, ripped higher and failed as market dumped, then dropped to lod as we continued on. Broke it and stalled which is problem given it held here 4 times almost 5 now. Market v srs sell off so suckls to see it hold but must play small ball if market tells me to Never quite gave me reason to sell yet so able to hold a bit lo...

GOALS -open trades not strict enough. Needs market, price action, volume, level trigger, not more than 20% ATR move  -cut momo if no momo -Market must be helping trades or at least trade must show rel strength or weakness MONDAY Crazy gap lower, and total rip. Most my names already triggered. Clear trend upwards to start the day, will have to wait a while for some short to appear A day where we rip hard at open, then lose it all and then some straight line lower no chance to get in, no stops at vwap. Stuck waiting.  TUESDAY No gap surprisingly. Pmkt pretty choppt, edge to downside. All shorts still, market looking bad.  No stocks on watchlist with big pmkt action but right around trigger levels. Must be ready today TXN great setup, in adn added.  Great drop, but MONSTER rip against me i mean huge. Last partial I could not get out with profit just an unreal rip. Maybe news or something. Overall left small gain TXN reset along with market losing it. In and added again....

 MONDAY Gap down but holding steady. TTD was on the list, had strong pop at open and triggered but just straight chop for next 5 minutes. I exited as it kept hitting near HOD and fialed dropping under 84. It reclaimed it and bounced from vwap and shot up near again and again failed and exited.  Normal sized losses, shame didnt go, spent all my bp already so day is over. Fine, need to focus on other things todya anyways.  TUESDAY Slgiht gap lower, watchlist thin DWAC to start, huge rip to open, missed but held above and waited for vwap to get in, stalled and tested under, reclaimed vwpa and level and 93 added, but still no follow up, drifted lower and bailed. No momo so small L. SNOW reset under vwap and market started dropping hard, in and added on move to lod. SPready. Ripped me so hard, points in ticks. There is a point gap in the chart. WEDNESDAY Slight gap higher, overall market looks weak and not ready for more upside but we shall see WMT and MRNA same pattern, in on...

 Did not have a lot of time last month for anything other than family. Wanting to get a headstart on some questions that need following up on from yearly. 1. Process for profit taking     -overext? Too far too fast?     -How much size cut where and when -Im pretty happy with my process for taking off. I Get in with OG entry, momo adds if there is momo. 1st significant level break I take off last added momo on micro pb, 15sec candle break usually. If not then on crazy move and 1st tick after PT break. Then 2nd momo adds I take off on 1min candle break. And If I had a 3rd momo add I keep it alongside OG entry to exit based on change of character. Trend break or significant MA reclaim.  2.  Find better way to record stats on momentum adds and risk levels. Separate OG stop level, risk, and Momo stop level, risk. -This I did last month. It is obviously important to record them separately because they have separate risk locations and expectations. New stat s...