Trading Journal #143
Friday, Mar.31, 2023 – Trading Journal
Started the day right at 9:30am buying TSLA Calls for a breakout and played several scalps for nice cash flow but closed way too soon! I bought a big position at 0.9 and hit more than 7.8…. geese, what a run!! Congrats longs!
I also got some AMD Calls to buy the morning dip and locked nice gains for the oversold bounce.
Between 10:00-10:30am, I try to fade QQQ and AAPL but momentum was strong so I took small losses and moved on.
After 10:30, got long AMZN Calls and MSFT Calls that also gave great cash flow but those MSFT Calls gave huge homers from 30cents to more than $3+ for a 10Bagger… wow, congrats longs!
Overall was a nice day for great cash flow, but closed my positions on TSLA and MSFT way too soon. Friday expirations can be tricky so I decided to not risk much, so I’m happy with my decision and risk management.
9:30AM | TSLA Mar 31 $200 Calls from 1 to 1.2 | PnL* = 188$
9:37AM | TSLA Mar 31 $200 Calls from 0.9 to 1.2 | PnL* = 317$
9:43AM | AMD Mar 31 $96 Calls from 0.65 to 0.9 | PnL* = 357$
9:51AM | AAPL Mar 31 $162.5 Puts from 0.38 to 0.6 | PnL* = 541$
10:14AM | QQQ Mar 31 $317 Puts from 0.95 to 0.85 | PnL* = -124$
10:23AM | QQQ Mar 31 $317 Puts from 0.8 to 0.71 | PnL* = -133$
10:35AM | AMZN Mar 31 $103 Calls from 0.31 to 0.47 | PnL* = 474$
10:55AM | MSFT Mar 31 $285 Calls from 0.3 to 0.5 | PnL* = 621$
Today PnL = 2,241$
This trading journal is a log of all the options trades made. It is a tool that I use to track my progress and improve my trading strategies over time. I use this information to analyze my trading performance, identify patterns, and improve my decision-making processes. By keeping a trading journal, I can learn from my successes and mistakes, and make better trading decisions in the future. You can use other tools for journal as TraderSync , Tradervue or Excel
*Content is provided for informational purposes only considering average $1,000 per trade. Comissions already included: $0.60 per contract, per trade. All entries and exits are timestamped realtime via Discord Bot. Traders can have different Entries, Exits, Dollar Amount, Risk management and Comissions.
You can find all my journals on Blog. Past historical data is no guarantee on future returns