Trading diary

Better late than never here is the review of the trading from Monday. I have been practicing scanning on my own and i seem to be quite good at it. However, i didnt end up trading any of the stocks i scanned for as i only look for symbols worth $20 and lower since that works better with my account. I ended up going with Nates watchlist though. I had NVDA up on the starter screen again and it ended up being the only ticker i traded. I still seem to be trading nervously. In hindsight it wouldve been smart to wait for the g/r break. At least i could have taken off half of the position. Timing is definitely still the factor. I also made a mistake when i tried to close the position for the first time and sold a second lot of 100 shares. Luckily it ticked down and i closed immediately as i had planned in the first place. Anyways, its another nice green day. That RLOG position can be ignored as i made a mistake in the last session when i was experimenting with stuff after finishi...

I feel like im starting to get the hang of certain things. Or lets say, my confidence is definitely rising. Tastyworks I bought Calls in CGI (for some reason it didnt let me buy shares) as it had popped up on my day trade scan and the setup looked exactly what i had been looking at for break out swing trades, low stochastics, higher high, high volume and a nice gap to fill. It worked out nicely. I think ill actually sell half of them tomorrow as we seem to come up on resistance. Other than that it was a flat day. MCD is pulling my P/L down and im desperately waiting for a down day. I had a short put spread in NUGT from last week which i got to take off for 50% profit today, so im just grinding. Still down since i started trading with TW but thats about 50% due to unfortunate earnings plays. Thinkorswim Great day in here. Weed stocks moved higher. I have to go check if there has been news or something. The last 3-4 days have seen much more volume and volatility. I also bought 100 sh...

 What a crazy 10min! I felt tired and unfocused today, so i had already told myself that this might be a bad day but damn did it go well. I stayed focused and really thought about my trades. Once i get trading i want to set my initial max loss that i want to endure at $200-300 per trade. At the open i had ORLY and NVDA on the main screen and some other symbols on the second screen. ORLY didnt develop well, so i swapped ANY over as it seemed to drop nicely and i seem to be good at either buying rebounds or selling the initial pops. First i entered NVDA short after 4 green candles and close to the whole 163 mark. I had my risk at 163 and sold it at 162.85. $0.15 risk, short only 100 shares. I only shorted 100 shares because 162 is really expensive for my account size and i am trying to keep it realistic, even if i have more buying power in the paper trading account. Luckily it went straight down and when it bounced back with quite some force i exited with a nice win...