Trading diary

  A great day today. Nate suggested that i trade lower value stocks to capture a larger range. He also thinks im too antsy and that i exit too quickly, which i definitely agree with. On the other hand, im trying to capture profits as quickly as possible, so i do have to be a bit antsy. But letting something run while i have time is definitely something i have to do more, so here we go. SRPT was first. Regarding price, this was already a bit high for me after Nates advice, but i liked the movement, so i stepped in. I put a fishing oder out there at 42.60 for 300 shares. It took a while and was fizzling around just a bit higher, so i hit the Ask to get in with 300 shares and shortly after it dropped down further and picked up the other 300 shares as well. Thought was buying this bull flag and riding the momentum up to see if it wants to go green for the day. When it struggled wih the 43 mark i sold half the position just in case it drops back down but it ended up going higher...

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...

Another annoying day. Tastyworks I bought a call in SGG to take part in a rally in sugar. That one worked out perfectly and saved the day in this account along with COST which is finally rebounding a bit. Im really hoping for a bit more of a bounce in there as that Iron Condor is a big one and it expires next week. Biggest loosers were MCD and CORN. Im still short oil and long gold, so lets hope that works out eventually. Plus500 After an alert from Trading Safely i shorted USD/CAD which would have worked out fine if i hadnt had my stop set too tight. It seems that i just dont have the capital to trade anything other than VXX for the moment, so ill just keep on shorting that until im back up. This is going to be a long and painful road. Thinkorswim Weed stocks took a nosedive back down again but not as much as the gain from yesterday. Im suspecting though that tomorrow theyll keep falling. Since ive decided to keep my ToS account i am also going to keep those two stocks around at least...

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 ...