Trading Journal #64
Trading Journal
08:34 am: “Futures slightly red to start the day giving some follow through to yesterday’s profit taking from highs as the market was a bit extended and overbought. Now we measure the size of fade/consolidation before triggering the next move.
08:35 am: “Morning focus on AAPL TSLA SPY IWM QQQ and Semi’s if they give some more follow through to yesterday’s profit taking from highs or not.
Morning trades: I started the day fading GOOGL AAPL and META for cash flow. Saw bull flow on MMM so scalped longs for cash flow. After 11am, scalped long IWM AMZN and BA Calls on bounce up for cash flow and done.
| Time | Symbol | Contract | Avg Entry | Avg Exit | QTY | Pct Gain | PnL $ |
| 9:31AM | GOOGL | Nov 18 $97 Puts | $0.75 | $0.90 | 13 | 20% | $179.40 |
| 9:38AM | AAPL | Nov 18 $145 Puts | $0.62 | $0.70 | 16 | 13% | $108.80 |
| 9:43AM | MMM | Nov 18 $131 Calls | $0.60 | $0.75 | 17 | 25% | $234.60 |
| 9:44AM | META | Nov 18 $110 Puts | $0.65 | $0.90 | 15 | 38% | $357.00 |
| 9:48AM | MMM | Nov 18 $131 Calls | $0.50 | $0.70 | 20 | 40% | $376.00 |
| 9:55AM | AMZN | Nov 18 $98 Calls | $1.00 | $0.97 | 10 | -3% | -$42.00 |
| 9:57AM | MMM | Nov 18 $131 Calls | $0.40 | $0.70 | 25 | 75% | $720.00 |
| 10:15AM | GOOGL | Nov 18 $97 Puts | $0.70 | $0.90 | 14 | 29% | $263.20 |
| 10:24AM | IWM | Nov 16 $185 Calls | $0.58 | $0.75 | 17 | 29% | $268.60 |
| 10:42AM | IWM | Nov 16 $185 Calls | $0.45 | $0.60 | 22 | 33% | $303.60 |
| 11:00AM | IWM | Nov 16 $185 Calls | $0.40 | $0.60 | 25 | 50% | $470.00 |
| 11:04AM | AMZN | Nov 18 $98 Calls | $1.00 | $1.55 | 10 | 55% | $538.00 |
| 11:07AM | BA | Nov 18 $175 Calls | $1.58 | $2.25 | 6 | 42% | $394.80 |
| 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 16, 2022 | $4,172 | |||||
| Week-To-Date | $11,069 | ||||||
Loss review: I kept my trades tight and was able to cut fast, so happy with risk management.
Key Takeaways: After a huge 2-3 days up move, it’s normal to have a pause to consolidate gains, so during this period and to avoid frustration, you take trades for cash flow and do not hold the bag for too long.
Look Ahead: No one has a clue on what’s next, so staying open minded. So far, seeing a normal and healthy pullback/pause to consolidate last week’s gains.
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 Blog. Past historical data is no guarantee on future returns