Trading Journal #59
08:40 am: “Futures red to start the day giving a nice follow through to our yesterday short during lunch. Tomorrow we have CPI numbers that can trigger the next move, so manage risk wisely.
08:41 am: “Morning focus on META gapping up to see if it fades to fill the morning gap or not. SPY IWM QQQ on watch to see if bounces for a red to green OR goes into yesterday lows.
Morning trades: I started the day shorting GOOGL for some cash flow and TSLA longs for an oversold bounce where I made +100% gains and done. At 10am, I scalped the IWM bounce up for 50% gains, but from 10:30 to 11:30am, I got chopped and lost some. After 11:30am I faded TLT and META for nice cash flow and done.
|Time||Symbol||Contract||Avg Entry||Avg Exit||QTY||Pct Gain||PnL $|
|9:32AM||GOOGL||Nov.11, 2022 P88||$1.22||$1.40||8||15%||$134.40|
|9:35AM||TSLA||Nov.11, 2022 C200||$1.65||$3.50||6||112%||$1,102.80|
|9:38AM||AMZN||Nov.11, 2022 C91||$0.95||$0.97||11||2%||$8.80|
|9:49AM||AMZN||Nov.11, 2022 C91||$0.88||$0.87||11||-1%||-$24.20|
|9:50AM||GOOGL||Nov.11, 2022 P88||$1.20||$1.25||8||4%||$30.40|
|9:53AM||META||Nov.11, 2022 P100||$1.15||$1.20||9||4%||$34.20|
|10:01AM||META||Nov.11, 2022 P100||$1.00||$1.00||10||0%||-$12.00|
|10:03AM||IWM||Nov.09, 2022 C178||$0.80||$1.20||13||50%||$504.40|
|10:03AM||AMZN||Nov.09, 2022 C91||$0.80||$0.90||13||13%||$114.40|
|10:26AM||META||Nov.11, 2022 P101||$1.20||$1.40||8||17%||$150.40|
|10:54AM||META||Nov.11, 2022 P100||$1.00||$1.00||10||0%||-$12.00|
|11:01AM||IWM||Nov.09, 2022 C177||$0.92||$0.90||11||-2%||-$35.20|
|11:24AM||AMZN||Nov.11, 2022 C90||$0.88||$0.93||11||6%||$41.80|
|11:47AM||SPY||Nov.09, 2022 C382||$0.56||$0.46||18||-18%||-$201.60|
|11:36AM||TLT||Nov.18, 2022 P94||$1.00||$1.30||10||30%||$288.00|
|12:06PM||META||Nov.11, 2022 P101||$1.05||$1.45||10||38%||$388.00|
|– 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
– Past historical data is no guarantee on future returns
|Nov 9, 2022||$2,513|
Loss review: I cut my losses fast, but from 10:30am to 11:30 took too many trades while the market was slow and choppy but overall TSLA IWM TLT gave the cash flow for the day, so I’m happy.
Key Takeaways: During events like elections and CPI numbers, traders cut risk and trade for cash flow not holding the bag for too long.
Look Ahead: Tomorrow CPI numbers should trigger the next move, so I’m staying flexible with open minded.
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