One-way days are killers for me. I told myself not to trade on one-way days (no volatility but continued step-up or step down), but I think I'm just too addicted to the action, plus there was a volatility and a missed trade earlier (on AMZN) that would have produced a nice profit which may have influenced my thinking that it's not a one way day, at least if I stayed with AMZN. What about stop-losses? I violated them. Even my time limits. I don't average down (which is a very good thing), but I have found a new term to violate my stop-loss today. There are actually three mental entries on this trade, hence 3 stop losses that all hit at the end of day. I almost justified holding overnight, but this market is oversold and a continuation move could happen tomorrow morning only to increase my loss even more. Sorry for the rant. Horrible day. I may take a break, so no posts for a while... Good trading. PS: one-way days are awesome, too. Just find a stock (like AMZN) that was lagging the move on the indices. It will get dragged by the market. As they say, a rising tide lifts all boats. I just haven't traded the long side for a while and I'm blinded by a bearish glasses. Very sad....
Early morning trading result. Just netted $225 from $645 (35%) on one trade. Not a bad comeback from last month. Hope to continue.
Early morning result. Netted $225 from $645 (35%) on one trade. Not a bad comeback from last month and the first major win percentage wise for the year. Hoping it'll continue. Taking the rest of the day off. Might trade again in late afternoon.
+163.00 Good day, but have some losers on the books that i have to slowly get out of. A nice down day tomorrow would be great.
scalped early for 300ish in the CL. then shorted the CL bounce after the inventory news for my 1k+ day overall. play some ES and FAZ late for scalp
Done for the day and week. Volume on both the CL and ES stinks today. calling it. lost some in ES but CL made it back. Overall good week for me.
up $486 for the week. Not bad...still have some losers i need to exit though...I'll try again next week. Have a great weekend!!!
up $486 for the week. Not bad...still have some losers i need to exit though...I'll try again next week. Have a great weekend!!!