Trading Journal #71
Discord @ 08:43 am
Futures red to start the week following Chinese news and OIL also down. We have Mr. Powell and Job report this week, so manage risk wisely.
Morning focus on gapping down stocks to see if hold the morning print and bounce to fill the gap OR make lower lows before a bounce. AAPL, AMD, NVDA some stocks to watch on morning weakness.
AMZN got calls at 9:30am on positive news from Black Friday and that gave me the cash flow for the day
IWM tried to scalp longs and shorts but got chopped and closed the trades
TSLA tried to fade it but too strong, so closed it avoiding bigger loss
SPY bought some calls after 11am for the bounce and made some money but on FED speakers, stop hit and done.
|Time||Symbol||Contract||Avg Entry||Avg Exit||QTY||Pct Gain||PnL $|
|9:30AM||AMZN||Dec 02 $95 Calls||$1.55||$2.50||6||61%||$562.80|
|9:42AM||IWM||Nov 28 $184 Puts||$0.52||$0.65||19||25%||$224.20|
|9:54AM||META||Dec 02 $104 Puts||$0.38||$0.42||26||11%||$72.80|
|10:10AM||IWM||Nov 28 $184 Calls||$0.75||$0.85||13||13%||$114.40|
|10:22AM||TSLA||Dec 02 $170 Puts||$1.20||$1.35||8||13%||$110.40|
|10:43AM||TSLA||Dec 02 $170 Puts||$1.10||$1.20||9||9%||$79.20|
|11:08AM||TSLA||Dec 02 $170 Puts||$1.05||$1.00||10||-5%||-$62.00|
|11:13AM||SPY||Nov 28 $399 Calls||$0.70||$0.75||14||7%||$53.20|
|11:31AM||SPY||Nov 28 $399 Calls||$0.60||$0.80||17||33%||$319.60|
|11:33AM||TSLA||Dec 02 $170 Puts||$0.80||$0.80||13||0%||-$15.60|
|12:03PM||TSLA||Dec 02 $170 Puts||$0.85||$0.90||12||6%||$45.60|
|– 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 28, 2022||$1,505|
Loss review: I got chopped on TSLA trying to fade as market was weak, so was expecting some profit taking, but stock too strong, so did well closing the trade and step aside
Key Takeaways: Weeks with FED speakers can be tough with both longs and shorts getting stopped, so traders should do less and wait for a more clear view after FED speakers
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