08:39 am: “Futures red to start the week after a huge 2-day run last week, a pause is healthy to consolidate recent gains. Now we measure the size of the fade/pause looking for the next trigger.

08:40 am: “Morning focus on IWM AMD to see if it fills the gap and GOOGL TSLA to see if it can play catch up higher or not. 

Morning trades:  I started the day buying the dip on TSLA for cash flow. I took PENN Calls for +100% gains on bull flow, scalped TSLA AMZN for more cash flow and faded IWM with shorts for nice cash flow. Overall a nice consolidation day.

Time Symbol Contract Avg Entry Avg Exit QTY Pct Gain PnL $
9:30AM TSLA Nov 18 $210 Calls $1.25 $1.65 8 32% $310.40
9:34AM TSLA Nov 18 $210 Calls $1.20 $1.19 8 -1% -$17.60
9:35AM TSLA Nov 18 $210 Calls $1.10 $1.05 9 -5% -$55.80
9:36AM PENN Nov 18 $39 Calls $0.25 $0.50 40 100% $952.00
9:37AM TSLA Nov 18 $210 Calls $1.00 $1.20 10 20% $188.00
9:49AM GOOGL Nov 18 $100 Calls $0.25 $0.30 40 20% $152.00
9:49AM TSLA Nov 18 $210 Calls $0.95 $1.40 11 47% $481.80
10:54AM AMZN Nov 18 $100 Calls $1.75 $2.50 6 43% $442.80
11:05AM IWM Nov 14 $187 Puts $1.10 $1.50 9 36% $349.20
DISCLAIMER
– 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 14, 2022 $2,803
Week-To-Date $2,803

Loss review: I took some small paper cuts on TSLA but overall TSLA scalps printed nice money so I’m happy with risk management.

Key Takeaways: On slow consolidation days, you take profits fast and wait for the market digest of last days move, let stocks rebuild before trigger the next move.

Look Ahead: Market had a strong move last week, so pause/consolidation is healthy. Let the price rebuild for now.

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