Trading Journal #178

Trading Journal #178

Monday, May.22, 2023 – Trading Options – Daily Journal

 

9:30am-10:00am: Scalped QQQ out of the gate, but buyers came in, so I closed and flipped into SPY Calls for +100% gains. At 9:51am, saw an opportunity to short the market, so scalped big positions on SPY Puts for +150% gains and QQQ Puts for +100% gains. And done!

9:30AM – QQQ May 22 $336 Puts from 0.7 to 0.75 for 54$ PnL*
9:33AM – SPY May 22 $420 Calls from 0.59 to 1.2 for 1017$ PnL*
9:44AM – QQQ May 22 $338 Puts from 1.07 to 1.15 for 62$ PnL*
9:51AM – QQQ May 22 $338 Puts from 0.78 to 1.6 for 1051$ PnL*
9:51AM – SPY May 22 $419 Puts from 0.73 to 1.85 for 1552$ PnL*

 

After 10:30am: I managed my stock portfolio and locked nice gains on AMD longs plus some other names for great cash flow

 

End of Day PnL = +3,736$ gains

 

End of Day emotions:  Overall, it was a great first 35min with 3 trades more than doubled, so I’m very happy. I respected my risk management on the first QQQ shorts and I loaded big when got price confirmation lowerr. I also avoided the chop so I’m really happy with today trading. With patience and never giving up, was able to follow my risk management and trading plan. Need to keep my focus and repeat the process over and over again!

 

 

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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 BlogPast historical data is no guarantee on future returns

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