Better performance today. Stepping away now, trying to learn from mistakes of yesterday. Tempted to step back in, still looks like there are some moves to capitalize on, particularly on good call I made on MRK. But I want to end the day green, and not only green, but having neutralized my losses from my bullshit yesterday. I did well in my analysis of MRK, I executed decently, getting in initially, then lessening size when move went against me briefly, then adding back in as it began to play out. The only mistakes I made today where logistical ones, accidentally fucking had APPL ticker pulled up, then shorting it when I meant to have MRK ticker pulled up for the second short. I got out of AAPL mistake quickly but still lost maybe $.50 to $.75, which is, while small monetarily, a significant percentage compared to the win I took earlier.
I traded AAPL, with marginally larger size than I’ve been playing (10 shares instead of 5) as the price fluctuations are not as great as with SPY, I entered on the sign of weakness & scaled out of my position as the price dropped. This was a way to have exposure to SPY without the volatility, & the premarket action on AAPL led me to believe there was weakness, if only temporary, to exploit.
Had also been watching TSLA, if this wasn’t such a higher priced stock, & if I was able to short shares—which last time I checked was not possible (TOS said ‘no shares available to short’)—I would have taken the play. I could have played options, but this was out of the question for now, though the fomo was strong as the move played out cleanly.