Monday, May.01, 2023 – Trading Journal
9:30-9:45m: Started the day buying GOOGL and IWM Calls but closed GOOGL to focus on IWM and locked +100% gains on those IWM Calls.
9:45-10am: scalped GOOGL and TSLA Calls but not much momentum so I took some losses there.
10:00-11:00am: scalped short QQQ with Puts for +50% gains and scalped bounce up with Calls for another +50% gains.
At 11:00am: saw an opportunity for a rejection on SP500 at 4200 and shorted SPY with Put Scalp for +100% gains.
After 12pm: scalped META and TSLA Calls from morning lows and locked +50% gains each trade and done.
End of Day emotions: Today was slow action with Europe close and market waiting FED on Wednesday. GOOGL made me lose some money on slow action but IWM +100% gains, SPY +100% gains, TSLA +50% and META +50% gains, gave me the cash flow on the day. I didnt risk much on slow action so I took my gains and done. I’m happy with my risk management. Need to keep my focus and repeat the process over and over again!
Trading Options – Summary
9:31AM | GOOGL May 05 $108 Calls from 1 to 1.05 | PnL* = 38$
9:32AM | IWM May 01 $175 Calls from 0.75 to 1.5 | PnL* = 960$
9:42AM | GOOGL May 05 $108 Calls from 1.02 to 1.05 | PnL* = 18$
9:45AM | TSLA May 05 $170 Calls from 1 to 0.9 | PnL* = -112$
10:01AM | QQQ May 01 $322 Puts from 0.85 to 0.96 | PnL* = 118$
10:16AM | GOOGL May 05 $108 Calls from 1.05 to 1.02 | PnL* = -42$
10:19AM | QQQ May 01 $322 Puts from 0.65 to 1 | PnL* = 507$
10:37AM | QQQ May 01 $322 Calls from 0.75 to 1.15 | PnL* = 505$
10:47AM | GOOGL May 05 $108 Calls from 0.95 to 1.15 | PnL* = 207$
11:04AM | SPY May 01 $417 Puts from 0.75 to 1.5 | PnL* = 960$
12:00PM | TSLA May 05 $167.5 Calls from 1 to 1.5 | PnL* = 488$
12:16PM | META May 05 $245 Calls from 1 to 1.5 | PnL* = 488$
Today PnL = +4,135$
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DISCLAIMER
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