Summary: Updating Game Plan Tool, Updating Data Journal. Building Out Gameplan thoroughly to reflect all option greeks on strikes morning before trade, plan entry and exit plans for taking wins and taking losses. Also spent 30-45 minutes building simple gameplan generators for people who asked for them in rama chat.…
Month: May 2021
Mistakes | May | 2021
Did not have thorough game plans Did not trade based on levels Traded Chop Did not make or follow an explicit game plan particularly for exiting trades. Need to have plans laid out well in advance of trades. Need to be as thorough as possible in game plans in order…
Activity Log | May | 2021 | 157.78 hrs
9467 min Created & refined: Solace Journal & all systems to maintain it Game Plan Tool Chart Tracking Tool Todo Tracking Tool Potential Profit/Loss Tool Risk to Reward Calculator Tool Option Greeks Analysis Tool Updated & refined: Caduceus Data Journal Posted all trades & analyses since 4.21.2021 to Solace Journal…
Successes | May | 2021
Did not note successes
Key Takeaways | May | 2021
Week 4 | Preparation is paramount. Systemize it to preserve mental capital. Systemize preparation for trading day. Do as much thinking beforehand as possible & refine tools to handle as much upfront work as possible before actual trade action. 5.27 | • MUST HAVE THOROUGH GAME-PLAN FOR EXITS AS WELL…
Key Takeaways | Week 22 | 2021
• Must have thorough game plan for exits as well as entries. Systemize trade day preparation • Systemizing preparation for trading day, doing as much thinking beforehand as possible & refining tools to handle as much upfront work as possible before actual trade action. This includes charts, gameplans, entry &…
Trade Journal | May | $225.10
I spent the majority of my time this month building systems to ensure I’m trading well & systems to thoroughly review all my trades to ensure I’m moving forward & not in circles. As a result, I only traded 3 days this month & the bulk of my profits came…
Activity Log | 5.30.2021 | Sun. | 1.17 hrs
Studied great depression briefly while eating. Otherwise no Solace work.
Mistakes | Week 22 | 2021
Did not make game plans for exiting trades. 5.27.2021 Did not have a gameplan for exit. Did not have a gameplan for exit.
Activity Log | Week 22 | 2021 | 39.18 hrs
Updated game plan input section/macros. Updated Caduceus data journal/macros Updated Risk to reward calculator to have multiple variable input. Created Potential Profit/Loss Matrix in modules. Created Chart Tracking Tool. Created Todo Tracking Tool within trading journal Studied Great Depression Traded 1 day | . 5.24.2021 – 5.30.2021 | 2351 min
Activity Log | 5.29.2021 | Sat. | 3.48 hrs
Reviewed trades from 5.27. Read TAST (75 min)
Trade Journal | Week 22 | 2021 | $50.40
2021 Week 22 Statistics:
Activity Log | 5.28.2021 | Fri. | 6.35 hrs
Built risk to reward calculator out within module to be able to input any variable of data & view what different potential outcomes might play out based on all variables.
Successes | Week 23 | 2021
Made & Followed Game Plans. 6.3.2021 Made & followed game plan Mage & followed Game Plan for entry Successes | Week 22 | 2021 Good Technical Analysis 5.27.2021 Good Technical Analysis Remained Collected, respected levels
Trade Journal | 5.27.2021 | Thu. | $50.40
Key Takeaways 5.27.2021: You must have plans for your exits as well as your entries. You did well with your technical analysis and had great entries, but you fumbled your exits because you had no plan for when to take profits and missed out on massive upside as a result.…
Key Takeaways | 5.27.2021 | Thursday
• Must have thorough game plan for exits as well as entries • You must have plans for your exits as well as your entries. You did well with your technical analysis and had great entries, but you fumbled your exits because you had no plan for when to take…
Activity Log | 5.27.2021 | Thu. | 4.65 hrs
Creating day’s trading plan then traded for (20 min). Editing potential profit section in daily trade journal module to see how much I’m missing out on and how to get more out of good trades, set up option chart in TOS to show Greeks, building in section to track Greeks.…
Successes | 5.27.2021 | Thursday
Good Technical Analysis Remained Collected, respected levels Trade 1 Successes: I had good technical analysis, I focused my attention on a solid setup, I went with the trend I entered on confirmation, and I protected profits. All in all, I am proud of this trade for where I’m at in…
Mistakes | 5.27.2021 | Thursday
Did not have a gameplan for exit. Did not have a gameplan for exit. Trade 1 Mistakes: DID NOT HAVE GAME PLAN FOR EXIT. I did not trade based on the charts. I traded based on arbitrary dollar amounts in option price. Again. While I was profitable and did well…