Trading diary

There seems to be some cracks appearing in /NQ. Its about time! Tastyworks Made a nice profit today as my two QQQ positions finally found the green again. About 50% of todays profit in this account is because of the Q's. CCL also helped. This put spread was way too big when i put it on but at least it seems to be working out. I have put on quite a few positions today. A Iron Condor in COST with slightly long delta and a few verticals in MCD and other underlyings. In some trades with very short term outlook i actually bought puts outright which i know is against the Tastytrade rules but i feel like i want to see if this can work for short swing trades. I had to realize however that ive used up almost all my buying power. Tomorrow ill have to look at taking some winners off the plate. Plus500 CFDs Went long gold yesterday but it ended up dropping back a little bit. Small position, small loss so far but im staying in it. Hopefully Gold will rally a bit when the indexes start crumbling...

Plus500 I held some Gold and Silver over the weekend and yesterday shortly after the open they both spiked lower sharply for no reason whatsoever. Apparently had something to do with liquidity. I have lost quite a bit of money in this account now and ive decided that im going to try to get back to what was my initial investment and then get the money out of here and put it either into Tastyworks or start live day trading small as i seem to be much better at that. Tastyworks Today was a great day in TW. QQQ down, Oil and SPY up and the shorts in UNP and CCL are paying off as well. I tried selling a iron condor in COST today but didnt get filled, so tomorrow im going to give that another shot just to try and take advantage of the high IV Rank. I really hope the Nasdaq is coming down a bit more as this is currently my biggest position. Thinkorswim IYR is giving the gains back again, should have taken it off. Ah well, cant loose too much here. Soon i will have enough capital freed up to mo...

Plus500 CFDs Last night i took off a huge looser in wheat which basically eviscerated all the gains from the last months. Stupid. I vowed to stay more mechanical and not hold anything over night thats a looser. So at the beginning of the evening i shorted Soybeans right before their last spike up before this beautiful drop. But... i had lost a small amount by the time i went to bed, so i got out. missed out on a huge move there. If i had just waited until after i read a few pages in bed, i wouldve probably left the trade on or at least set a stop to the recent high... but no, i got out for a loss and missed out on this huge move. Once again i had a good entry but missed because i couldnt stomach the fluctuations and because i didnt do everything i could. Frustrating. Tastyworks ORCL earnings play fell flat "bigly" :) Luckily i play those really small. Also nice to see a small market selloff into the close which saved my RUT calendar and turned my QQQ positions from losers int...

Today i finally realized that this weird market is my fault! Clearly it must be! It must be because the market is clearly going out of its way to do the exact opposite of what it trade. Even on a day where the broad market is turning down, /NQ rallies 50 points, which means i took quite a bit of a downturn in my Tastyworks account. Anyway, here we go. Plus500 CFDs AUD/USD finally seems to turn around and make my position profitable after going against me quite a bit. Wheat is stalling/taking a breather but at this point, all i hope for is to get out even. Tastyworks My RUT calendar is working out nicely however the ADBE earnings play fell flat so far, even though it dropped nicely after its initial highs, so maybe we will see another step down tomorrow. I put on another earnings play in ORCL. A small butterfly with very little risk but it looks like this one is not working out either as it seems to have rallied hard post earnings. Other positions are fine, CORN is bothering me but othe...

It didnt look good last night when i went to bed. But turned out to be not too bad of a day. Plus500 CFDs I had bought wheat yesterday and of course it started dropping and dropping but im trying to be more patient with the trade and stomach the volatility for a longer term upside. I got out of gold for a profit and bought back silver for a small loss after it had recovered a bit from a bigger loss. I had entered a few stocks like FTR or AFL but they all went against me and stopped out. Im also noticing that in this account, the premium for holding stock positions is extremely high and im not going to do this anymore. Tastyworks I had sold a RUT calendar yesterday that went against me but recovered nicely in todays downturn. Lets hope for another down day tomorrow. Also for QQQs sake. Both the IC and the short call spread were happy today as they made back some gains. CORN is continuing to underperform and its painful to remind myself that this is a long term position. I put on a earni...

I made a mistake in my CFD account yesterday during the day (NZ day). I wanted to short Gold as the chart really looked good and i thought its due for a step down, looking at the longer term charts. So i set up the trade on Plus500 and pressed the button. Right away i realized i had forgotten to put in my custom position size and had just left in the Plus500 standard size. So instead of my usual 20 ounces of Gold, i had shorted 200 ounces. I couldnt take it off right away because the spread that Plus500 makes its money with had put my position $70 in the red. (Thats also the reason why i only want to stay with CFDs as long as i have to be able to have a account big enough to pass the PDT rule. Anyways, i was at work and i had stuff to do so i monitored it only sporadically, which is another mistake, but it was going my way and was up about $150 after just a few minutes. So i kept it on and watched it go to $350 before i had to focus on work and left it unmonitored for about 2h. Next ti...

ToS account turned down ever so slightly again today, i have to say though, the last two days were way more painful. I am pretty short now, having added shorts in JPM, XLF and IYR. Im also eyeing the semiconductor sector, based on some pointers Shaun Downey gave us. On the other side im hoping for CORN to go up in the next few weeks/months. I bought a few October 20 Calls, trying a anti Tastytrade ish traditional strategy for a change. Shaun Downey has sent out a nice report on corn last night and how it looks to be the worst year in the last decade, so that hopefully works out. I have also bought back the short call from the big call spread in TTD and it seems to have paid off. Lets hope that one keeps running a little more. Overall im not too happy with my ToS account. Its going down more than going up and i will stop putting on positions for now so i can transfer over a good chunk of money to Tastyworks as soon as possible. In the CFD account i have closed out two more sho...