Trading Journal #225
Monday, Aug.21, 2023 | Options Trading | Daily Journal
|9:30am-10:00am| Started the day fading QQQ but got stopped and flipped into SPY Calls for +45% gains getting our money back and more on trading room
|10:00am- 11:00am| Scalped QQQ Puts for a fade and locked +130% gains. Took some losses IWM Calls as I bought it too soon, but I took the loss and moved on.
|After 11:30pm| Scalped SPY Calls from lows and locked +105% gains on trading room and done!
End of Day resume| Market very tricky first half of the day with mixed signals: Yields higher, but some tech stocks actually higher so it was hard to handle but I ride it well both up, down and back up from morning lows so I’m very happy with my risk management, trading plan, focus and resilience. Need to keep my focus and repeat the process over and over again!
|Options Trades Log|*
9:30AM – QQQ Aug 21 $359 Puts from 0.95 to 0.85 for -124$ PnL*
9:34AM – SPY Aug 21 $438 Calls from 0.95 to 1.35 for 427$ PnL*
9:42AM – QQQ Aug 21 $361 Puts from 1 to 1.25 for 238$ PnL*
9:56AM – SPY Aug 21 $438 Calls from 1.05 to 1.45 for 388$ PnL*
10:03AM – QQQ Aug 21 $362 Puts from 1.05 to 1.05 for -12$ PnL*
10:08AM – QQQ Aug 21 $362 Puts from 0.9 to 2.1 for 1307$ PnL*
10:45AM – IWM Aug 21 $184 Calls from 0.48 to 0.48 for -26$ PnL*
11:10AM – IWM Aug 21 $184 Calls from 0.45 to 0.35 for -247$ PnL*
10:51AM – QQQ Aug 21 $359 Puts from 0.7 to 0.85 for 194$ PnL*
11:22AM – QQQ Aug 21 $359 Puts from 0.63 to 0.75 for 173$ PnL*
11:30AM – SPY Aug 21 $436 Calls from 1 to 0.96 for -52$ PnL*
11:40AM – QQQ Aug 21 $359 Puts from 0.65 to 0.85 for 282$ PnL*
11:54AM – SPY Aug 21 $436 Calls from 0.65 to 1.35 for 1032$ PnL*
|Today PnL|* $3,580 Gains
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