Trading Journal #153
Monday, Apr.17, 2023 – Trading Journal
9:30-9:45am: Started the day buying PYPL Calls locked +40% gains in few minutes. Also scalped IWM Calls for +70% gains and AMD Calls closed flat. Also
9:45am-10am: Scalped shorts on AMZN but both stalled and closed way too soon as stock went all the wat down.
After 10:00am: I was all over the place… stops got hit, trades no follow through and had some papercuts. I tried to keep stops tight but gave back some profits from earlier by assuming some losses.
End of Day emotions: It was a slow choppy messy day. First 15-20min on day, were actually great with PYPL and IWM trades but after that, the slow choppy action cost me some money. It’s ok as I respected my risk management and cut those trades fast. But it was a very exhaustion day with not much happening either up or down and options premium got pretty much killed. I know that not every day will be a blast as we had last week, so putting it into perspective, it has been a great month, so I’m very happy. Need to keep my focus and repeat the process over and over again!
Trading Options – Summary
9:33AM | PYPL Apr 21 $77 Calls from 1.2 to 1.7 | PnL* = 391$
9:35AM | AMD Apr 21 $92 Calls from 1 to 1.05 | PnL* = 38$
9:37AM | IWM Apr 17 $177 Calls from 0.65 to 1.1 | PnL* = 657$
9:47AM | AMZN Apr 21 $102 Puts from 1 to 0.93 | PnL* = -82$
9:52AM | AMZN Apr 21 $102 Puts from 0.89 to 1 | PnL* = 108$
10:04AM | IWM Apr 17 $177 Puts from 0.3 to 0.24 | PnL* = -238$
10:17AM | SPY Apr 17 $413 Calls from 0.7 to 0.85 | PnL* = 194$
10:37AM | IWM Apr 17 $178 Puts from 0.55 to 0.75 | PnL* = 339$
10:51AM | SPY Apr 17 $413 Calls from 0.45 to 0.5 | PnL* = 84$
11:38AM | IWM Apr 19 $177 Puts from 0.85 to 0.8 | PnL* = -75$
12:37PM | SPY Apr 17 $412 Calls from 0.5 to 0.55 | PnL* = 76$
Today PnL = 1,492$
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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