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. 

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