Trading diary

Even though not all accounts have been green today, im quite happy with the way things are going. Tastyworks Red today because of some single positions but in general im happy because the QQQ trades are working out very nicely. Was able to take off a vertical for a nice profit and a Iron Condor is very close to be taken off as well. Also took off a small XOP vertical. Now looking to get short oil stocks in some way short term. Thinkorswim Green today because of WHEAT calls and weed stocks being good to me today. The wire out to Tastyworks has been confirmed, so this account will become less important soon. Plus500 No action today. Its crazy how the indexes are not corellated at all today so id think that at some point this might converge again, meaning SPY, DIA and IWM will probably have to follow QQQ down a bit. Im waiting for that move as volatilitiy will rise with it and ill get a opportunity to short VXX nicely. ToS papertrade Day trading went well. Had a small loss in NKE, mainly ...

Saturday was a great day for my real money accounts. Not so much for the day trading practice. Plus500 After all the losses recently i decided to make this purely my volatility account. So whenever VXX spikes ill short it in here because of the leverage. Other than that i wont be trading in here anymore. The spreads are just too wide and its hard to make profits like this. Ill shift my futures trading to Tastyworks where ill be trading the respective ETFs first until i have enough capital for the actual futures. Tastyworks Great day. QQQ didnt bounce back much today and premium decayed nicely. I started trading some commodity ETFs like CORN and WEAT and im happy that im doing this in here. Lets see how this goes. Thinkorswim For once the options overpowered the weed stocks and turned a small loss into a small gain. Nice. I have also put through the transfer request to shift half the accounts money over to Tastyworks. I will keep this account open though with a very small amount of mone...

We got volatility back eh? holymoly. I was so angry yesterday that i didnt post anything. But today im back. Plus500 I had forgotten about a GTC limit order in IWT that got triggered yesterday and was down a bit. So over night ive set a stop really close so that if it goes any higher, it would kick it out. Turns out the market is crazy right now and it turned into a nice winner which im not planning on taking off just yet. Im looking on shorting more VXX again soon. Hopefully this wasnt just another 1 day spike. Doesnt feel like a 1 day spike. I also traded some oil over night. Working much better, now that i have some kind of system with stops and limit orders instead of always going in with a market order. Turned out to be a small winner, but it was good practice in working with stops and moving them up. They do have a trailing stop feature on plus500 i want to try that one next time. ToS Slightly down, but not much. Mainly due to weed stocks and my short VXX position but that one i ...

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...

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...

Had a great Friday. Gold went down nicely and with the drop in equities, all of the other accounts did well too. Was quite happy. Then today came along and while im not super red today, it felt meh. Plus500 CFDs Put on a few positions last night, short Gold and Silver and took off some of the energy shorts as i think Oil might want to bounce here. Also shorted AFL which went against me over night. First it looked like Gold/Silver might make up for the loss, but its lunchtime now and Silver is bouncing and Gold came back up a bit as well. Im going to keep holding though as they both have broken key resistances and i see a bit more downside. Tastyworks I added a skewed iron condor in QQQ, taking advantage of the high implied volatility especially compared to the SPY and DIA. Also added a short put spread in XOP. Im pretty short in here now and i think i want to add some long delta in form of a short call spread in VIX or something like that, just to hedge a bit of the risk as overall i s...

CFDs I closed out the short sugar position for a small win and also made a quick trade in silver yesterday which was a small winner. Overnight i opened a small short gold position which is going my way but only small as well. Then i went long QID and shorted a stock Tim Knight mentioned in his segment that has a beautiful setup and looks like its breaking down nicely. I think next week ill have to look into oil/energy, looking at some charts there are some nice setups. ALSO... goddamn wheat went all the way back up and turned into what wouldve been a winner of about 2/3 of the value of what i locked in as a loss yesterday. Frustrating especially because the assumption was right, i just couldnt stomach the volatility. ToS CORN calls and the weed stocks pulled me down today. Ive given up on X and will just let it expire out of the money to save the commission to close it. Tastyworks The short call spread in QQQ had a nice up turn today but got cancelled out by the corn calls. I have also...

...will be punished. Immediately. CFDs After all the successful trades in the last week, i looked at Wheat and Sugar yesterday and saw that Wheat had broken some significant resistance to the upside and sugar did the same to the downside. So i thought id get involved. Especially Sugar looked really good. I went long /ZW and shorted /SB. They were bouncing around quite a bit from green to red and back. I thought about taking them off with small profits, but one thing i felt i did wrong in previous trades was pulling out early. So i decided to leave them on over night, which was a mistake. Especially Wheat punished me hard. I still have them on and i will see how they go today, but im pretty sure i will be locking in quite a bit of a loss here unfortunately. I think the problem were neither mechanics or plans. The problem is just that those instruments are crazy leveraged so that i just cant stomach the fluctuations when they go against me. But i guess thats what i will have to live with...

Another good day with "overnight" trades. Plus500 CFDs The Silver and GBPUSD positions both developed really well over night and i left them on during the day. While the pound pulled back a bit, Silver kept dropping and i made a really nice profit on it. When it started rebounding in the evening i took both off. COP also developed nicely today and is just tagging the 200 moving average now. But ive also set a hard stop in case it drops when im asleep. Depending on how it develops tomorrow ill decide whether ill take profits or not. I also went long FTR small today, that thing needs time to develop, lets see how it goes. ToS Options Weed stocks accounted for a small loss today. There are a lot of bad long term positions coming off today, so i hope the portfolio will look a bit better after. Im long FTR in here as well and hope itll help along with the Corn options. Ill have to decide what to do with a long June call in X. Its positive but will loose more and more ex...

Good start into the week! CFD - Plus500 I shorted a bit of /NQ last night and it dropped nicely. I feel like a lot of trades im doing are chasing trades when someting is moving a lot. I think the reason why they seem to work out is because the size/margin in Plus500 is so high that i can scalp the smallest of moves for a profit. After that i also went short Silver and GBP/USD which are both green today and i bought COP on a alert by the trading safely guys. That one is working out nicely as well. ToS Weed stocks moved up while Corn took a hit. Overall the P/L are green for today but im glad im not putting on more positions in here. Tastyworks Corn lost here as well of course but since thats a very long term trade im not too afraid about it yet. I put on a put calendar in IWM and a short call spread in QQQ just to get my beta weighted Delta back to neutral. The account is down a bit but i feel confident that by managing Deltas, Theta and Vega properly ill be able to beco...