My last two days of trading were not my best. I was dealing with all kinds of FOMO and bad trading decisions. I’ve now fully come back full circle and I’m ready to focus on the stocks that are in play. I’ve discussed my mistakes from last week multiple times to myself and I’m ready to move on.
Today, I believe I have all technical issues figured out. From full speed Internet to a non glitched network card.
The day started with a little BYND. It was setting up early with an early high break. I took some off the table early and didn’t let the rest run either. It would have been a 4 point trade. I did take another BYND trade later on but I took a small loss on it.
BYND Profit and Loss = $30.13
CODX was back on the watch list and unfortunately out of all the pull back plays I was watching closely today, it was CODX that bit me in the ass. I got stopped out. I needed to hold for a few more pennies where eventually it did move in my favor.
CODX Profit and Loss = $36.96
I took a couple of trades on TSLA today and for the most part they were all winners. The squeeze near the end of the day was the best trade of the day. I was only trading 20 shares so my gains were not that big.
TSLA Profit and Loss = $87.20
I left a lot on the table on ZM today. It made a nice move and pulled back where I jumped out. It eventually ran in my favor over 2 points. As I write this I’m wondering what I have to do to stay in the trade.
ZM Profit and Loss = $34.76
I did take a couple of trades on ROKU at certain critical points. One was a little exhausted but it ended up being a great winner. There were other setups later on in the day. One whipped me out and the other I got a small gain.
ROKU Profit and Loss = $18.83
Other stocks I traded for small gains and losses were, NVAX, CAH, and AMC. NVAX was the stock of the day that I got out way too soon on. This thing ran a buck without me with only .07 of pain. As for other calls I liked but either got jumped or missed was LULU. My jumped entry was at 239 and it made it all the way to 246.84. Not an ounce of pain.
Total Profit and Loss = $140.00
Going into the Week
The weekend turned out to be very productive. After trading didn’t go so well Thursday and Friday, I wanted to take one of the plays I’ve learned and make an alert system out of it. I found a solid developer on Upwork for this project and it turns out the little alert system is perfect. It allows me to find the trades I seek without searching through every chart. I only used it today and I’ll know more about it by the end of the week. I also have another indicator being created. This can be a game changer for my trading. It finds the setups we seek and then I can decide whether to trade them or not.
Also, computer issues are fixed, fingers crossed and my Internet is back where it should be. 480Mbps down and 20Mbps up.
Have a nice day!