Couldn’t monitor the whole day and only set up some alerts, expected a more bullish run today, but was wrong.
$PTON 90c π -no trigger, well technically it triggered, but gapped $4 at open from yesterday and didn’t continue to run (watched the 60m), so no trade for me $BABA 180c π - also β¦
Wild day, still bullish, mixed feelings for tomorrow. But recap of today was great. Let’s have a look:
$BABA 160p π -no trigger, run bullish, see below $PYPL 275c π - triggered right at open, closed with 57% (was up to 80%) π°οΈ $BLNK 30c π - trade of the day. .33 -> .50 in 9 minutes = 50% β¦
Trying something different this week by providing more context to my #SundaySwing ideas I post every Sunday on Twitter. Since I don’t like Twitter threads, but I have a neat little Micro.blog (you’re reading on it right now!), I post my ideas in longform content here and the link to that β¦
Some winners, some losers, still thinking that gap on $SPY & $QQQ will get filled, but was wrong the last 2 days. So maybe we just go on and on? π€·ββοΈ
Let’s see how my setups for Lotto Friday ποΈ worked out:
$TWTR 64c π triggered and failed
$CHWY 62.5p π triggered and failed
$ATVI 76p - no β¦
couldn’t be more happier with todays outcome! still trying and backtesting everyday and planning trades with triggers for the next day, getting better, now consistency is main focus, not the profits.
I had 4 conditional MKT orders set up as posted yesterday with the triggers I prodvided. β¦
Pretty choppy, work has my full attention at the moment so I didn’t set up any alerts for today and only traded one swing play.
$SPY 11/15 400p, got in at 2.01, set a tight STP and also LMT order with 25%. Let’s see how this swing works out. Currently after-hours the 25% profit are near. β¦
$SPY (Monthly chart)[https://share.trendspider.com/chart/SPY/37448oiqn5a] looks pretty bearish currently. Lots of targets on the downside down to 400 in November 3-2-2d? #TheStrat
Finding good looking Bullish setups π for tomorrow is really hard currently.
So I’ll watch the overnight session and see what the futures will do in the morning (German time!)
Since it’s OPEX week, I probably go light this week and not burn money. #TheStrat
What a market. Based of my #SundaySwing Ideas from yesterday I only traded two plays today.
$BA 240c π triggered my 229.94 weekly 2u, I got in at 1.45, exited at 1.84 30% (with a proper LMT order I could’ve sold these at around 1.95) $AAPL 155c - triggered as well, but no good setup, so no β¦
A short recap today, because I only did one trade and stayed away for the rest of the day. Market was kind of choppy and no big moves expected, so cash gang rest of the day.
$QCOM 127p π triggered right at open, got in .55 -> .78 (was even up at .85) = 40%
TDOC 128p π triggered and didn’t β¦
$ORCL possible 1-2-2 into tomorrow looks bearish. Top of the triangle, rejected so down we go into the low 90s? #TheStrat
share.trendspider.com/chart/ORC…
First day of the week I was back on my desk to trade, the timeout was really helpful to start fresh and it was a great start!
Had only 4, really there were 5 trades set up and played with conditional orders based on the underlying in TWS (IBKR) a bit, which was good and bad at the same time. $DIS β¦
What an ending of such a volatile week with SPY going from 427 up to 435 in 4-5 hours is an insane move. However I’m still bearish and think that Puts will be the play in October.
Anyway, let’s se how the triggers from yesterday played out today.
$NFLX 600p π - triggered right at open β¦
Another day that started out pretty choppy without even predicting a direction. Got burned by a few trades that had clear triggers but still went against me, right after I entered them. I think you know what I mean, you enter a traded and instantly it reverses the direction and stops you out. β¦
Can’t stress this enough, on days like today when something triggers based on a #TheStrat setup and goes against you, you need proper risk management, always!
This way you’ll lose only a small amount and you don’t blow up your entire account.