Chapter 2 Trading journal #53– 03/25/2019 +$61, 128 Tickets, 13K volume
5 min readOct 30, 2022
- Also from the tape today if you see a big offer chasing the price down right out of the gate (at the open) — hit if you can NCTY (30K offer)
- Risk 1/4 on frontside and 1 on the backside
- Trading is a job. My job is to take Mata and track my other thoughts and ideas.
- Recognize when stock stops working for you. Let it reset. Recognize when it’s a time to get back in,
CPRX -$20 “Fucked up big time here” Not Acceptable trading.
Non- systematic stupidity is here. The idea here was to scalp short overextended stock. But.. Wait. Was it over-extended from the mean? Fuck no! This type of trading is holding me back.
SEEL $0 Missed opportunity
Too much effort on the frontside/ range bound position and then I just let it go. You do not do this with your prey. The moment everything shifted I was too small.