Trading Journal #54
08:33am: “Futures flat to start the day with market participants waiting to hear from FED at 2pm and Mr.Powell speech at 2:30pm. Staying open minded and managing risk wisely.
08:34am: “Morning focus on SPY IWM QQQ TLT AAPL VIX for clues going into the FED statement at 2pm and Mr. Powell speech at 2:30pm. Manage risk wisely on very risky and tricky events.
Morning Trades: I started the day fading AMD and NVDA with PUTs for great cash flow and where I got my money. I gave back some money on choppy action on DIS AAPL and trying to fade BA but I cut my risk fast so overall nice action.
Loss review: I gave back some money on choppy action on DIS AAPL and tried to fade BA but I cut my risk fast so overall happy with my risk management.
Key Takeaways: FED days/weeks can be choppy and slow, so reduce risk, take trades and wait after news to have a more clear view on what’s next.
Look Ahead: I’m waiting for the FED to trigger the next move, so staying in cash and looking for cash flow either up or down.
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
- Trading Journal (142)
- Trading With… (2)