Peewee Paper Hands. Trading off 1m instead of 5m. Inappropriate trade style; Did not plan trade style. Did not familiarize yourself with price action & employ appropriate trade style accordingly. Did not ensure liquidity in contracts prior to trade. Did not protect 50% of profit. Chasing trade Followed external trade…
Month: August 2021
Key Takeaways | 8.10.2021 | Tuesday
You shine in the first 15 minutes. Refine what you’re doing well at. Be ready to switch and play downside. Levels still apply. Must ensure liquidity in chosen contract. Must have faith in analysis & greater trend on larger time horizons. Must observe & gain insight into unique price action…
Trade Journal | 8.10.2021 | Tue. | $106.90
Key Takeaways | 8.10.2021 | Tuesday You shine in the first 15 minutes. Refine what you’re doing well at. Be ready to switch and play opposite side. Levels still apply. Must ensure liquidity in chosen contract. Must have faith in analysis & greater trend on larger time horizons. Must observe…
Activity Log | 8.10.2021 | Tue. | 7.07 hrs
Game Planned: Traded: Studied: ITU Discord, SMB Capital Reviewed: 8.10.2021 Refined: Data Journal (Game Plan Matrix) Game planned & traded, was on voice with JR & Dragon for first time in a few months at least. Felt like I’m close to being able to keep up, & nearly aware enough…
Activity Log | 8.9.2021 | Mon. | 4.55 hrs
Refined: Data Journal (Potential Profit Calculator) Reviewed: 8.2.2021 Studied: Zarayab Discord (1st Day) Nearly finished building out potential profit calculator with added calculations for missed profits for trades you took had you held on longer time frames. Finished trade review of 8.2.2021 finally, posted. Signed up for Zaryab Discord. Began…
Activity Log | Week 32 | 2021 | 23.78 hrs
Traded | 8.2.2021 Charted | (8.6) Organized | Activity Log (D) Created | Change in Greeks over trade duration calculator Read | Options as a Strategic Investment Chapter on Option Buying, The New Trading for a Living Refined | Data Journal (Added Multiple Time Horizons to calculate missed/saved profits), (Compute…
Trade Journal | Week 32 | 2021 | $270.70
Overview: Best trade to date, biggest scalp to date, & continuation of solidification of knowledge procured through July from OptionHub. Discovered Stan Druckenmiller & thoroughly studied unravel video. Key takeaway from which was that after so many confirmations you must pull the trigger, you can still lose even with all…
Successes | Week 32 | 2021
Protected Significant Profits Held through discomfort Trusted & trade levels Followed Game Plan Walked away while I was ahead Overview: I capitalized on a perfect move, I took healthy profits, I protected my profits, and I walked away. I did an incredible job and this is another brick on my…
Mistakes | Week 32 | 2021
Did not have adequate plan for taking profits Panic sold, with no technical signal to sell Did not game plan for extraordinary circumstances Overview: Missed out on massive upside move. While I did capitalize well, & protect my green status, as well as have my biggest scalp trade to date,…
Key Takeaways | Week 32 | 2021
Update & Refine Game Plan for Taking Profits. Begin experimenting with scaling out of trades Begin experimenting with trading on larger time frames After so many confirmations in your favor you MUST pull the trigger Overview: Excellent trade on an excellent issue. Price action was incredible, and you held on…
Activity Log | 8.8.2021 | Sun. | 3.18 hrs
Read: The New Trading for a Living Reading The New Trading for a living with Aubrey at coffee shop in Flagstaff, Drove home listening to Charles Schwab book (not counting hours accumulated from audiobook listening) then charted into the evening.
Activity Log | 8.7.2021 | Sat. | 2.93 hrs
Refined: Data Journal (Added Multiple Time Horizons to calculate missed/saved profits) Read: The New Trading for a Living Rebuilding input section for derivative & underlying lows & highs during, & after trades in data journal module. Added different time horizons (Scalp, Day Trade, Swing) to calculate & visualize missed profits,…
Activity Log | 8.6.2021 | Fri. | 1.52 hrs
Charted Updated Activity log Studied charts for a bit in the morning, then catching up on activity log intermittently while at Lyre commitment (Alliance). Links Studied: Option Strategist McMillian Analysis Corp | Weekly Stock Market Commentary 8/6/2021
Activity Log | 8.5.2021 | Thu. | 5.77 hrs
Organized Activity Log (D) Created | Change in Greeks over trade duration calculator Refined: Data Journal (Compute Change in Greeks over duration of trade) Reviewed: 8.2.2021 Studied: Larry McMillian, Option Pricing Models, Time & Sales, Black-Schoels Model, Trinomial Option Pricing, Exotic Option, American Option Pricing Read: Options as a Strategic…
Activity Log | 8.3.2021 | Tue. | 5.68 hrs
Studied: Unravel Trading, Stan Druckenmiller & Family, Highest Paying Careers, Sandy Gottesman Studied stan Druckenmiller. Caught up on daily activity log from 7.29.2021 to date. Found Duckenmillers wife on instagram . Followed lmao. Found daughters @druckencascante & @tessdruck (@DireCatMusic & @HarloldAndEther) & son in law @maxcascante, private accounts, requested follow.…
Mistakes | 8.2.2021 | Monday
Did not have adequate plan for taking profits Panic sold, with no technical signal to sell Did not game plan for extraordinary circumstances Overview: Missed out on massive upside move. While i did capitalize well, & protect my green status, as well as have my biggest scalp trade to date,…
Key Takeaways | 8.2.2021 | Monday
Update & Refine Game Plan for Taking Profits. Begin experimenting with scaling out of trades Begin experimenting with trading on larger time frames Overview: Only one trade today. Below is the overview. It’s time to begin sizing up on instruments with cheaper contracts to experiment with scaling out. Key Takeaways:…
Trade Journal | 8.2.2021 | Mon. | $270.70
Key Takeaways | 8.2.2021 | Monday Update & Refine Game Plan for Taking Profits. Begin experimenting with scaling out of trades Begin experimenting with trading on larger time frames Mistakes | 8.2.2021 | Monday Did not have adequate plan for taking profits Panic sold, with no technical signal to sell…
Activity Log | 8.2.2021 | Mon. | 4.7 hrs
Traded Studied: Stan Druckenmiller, ITU Discord Trade Review Traded, biggest day & scalp trade to date. Was able to get on voice with JR & talk to him with minimal interruption from the Neanderthal fuckwits. Silenced them by actually knowing what I was talking about & flaunting excessively complex option…
Successes | 8.2.2021 | Monday
Protected Significant Profits Held through discomfort Trusted & trade levels Followed Game Plan Overview: I capitalized on a perfect move, I took healthy profits, I protected my profits, and I walked away. I did an incredible job and this is another brick on my journey. Of course there is refinement…