Ordered Atomic Habits by @JamesClear and Mental Game of Trading by @jaredtendler both as paperback version this time.
Finished reading “The Psychology of Money” and enjoyed it on my Kindle, I’m still more the paperback person, because this way I can mark important paragraphs easier or add a little post-it on a site. I know that this is possible with a Kindle as well, but it still feels weird to me.
Now and then I get some DMs or E-Mails with questions if there is a way to tip me some π΅ to support my work.
To be honest, I haven’t even thought about that, and I really appreciate everyone who takes the time to ask me, because I have no subscription service or anything else and don’t plan to do this.
I’m happy to help others learning to trade #TheStrat and if you find my content valuable, feel free to share it so that more people can get access to that.
Welcome to the first issue of my #SundaySwing ideas in 2022!
I wish you all a Happy New Year 2022!
As mentioned on Friday on Twitter already, the current short-term outlook to me is bearish in the tech sector, which I mainly focus on. So be prepared for some Put-ideas, more than usual.
My #TheStrat ideas for 12/21, daytrade/short swing, not sure yet.
$MRNA 3-2-2d < 275.12 (260p or 265p)
$ZM 2-2d < 197.08 (190p)
$AAPL 2-2u > 170.57 172.5c | 167.5p < 167.49
Read on for details and charts and @Tradytics #AlgoFlow…
Still testing and watching flow here to see if I can combine this with possible targets as well as get some extra confidence.
$MRNA 3-2-2d Daily < 275.12
As mentioned on Twitter today, also a possible 50% rule short candidate for the week now. (The first one from my watchlist, surprisingly!)
Idea: possible 3-2-2d below 275.12 (12/23 265p or 12/31 260p to get some more time), FTFC down as well
PT: 269.00, 256.97 (weekly magnitude)
The Tradytics AlgoFlow is surprisingly bullish on $MRNA on the 1min and 5min chart, so I’ll watch this as well.
$ZM 2-2d Daily < 197.08
Idea: possible 2-2d Reversal Daily below 197.08 (12/23 190p), FTFC down
PT: 183.35, but tbh I’m not aiming at this, going with an in-between target for the strike at around 190 and I’m happy if it dips deeper.
Tradytics agrees here and AlgoFlow predicts a 5min flow around 185 and down.
$AAPL 2-2u > 170.57 Long play
Idea: possible 2-2 Bullish Reversal above 170.57, still has FTFC up
PT: 173.47 for a quick daytrade
Tradytics has the AlgoFlow for $AAPL slightly bullish on the 5min chart…
However…
$AAPL 2d weekly < 167.49 Short play
I never should(!) short AAPL but let’s write about it, nothing wrong with it? :)
Idea: The weekly 2u-2d has not reached it’s target of 164.28 (yellow line on chart)
PT: 164.28
For chart look at the long play, targets are marked
On the 1min AlgoFlow Tradytics shows still bearish flow…
Some additrional ideas for possible swings into the end of the year (eyeing on at least 12/17 or 12/31), but be careful there might be some profit taking tomorrow.
Oh what a week we had on the stock market. Huge volatility, perfect for trading both sides. However, such a volatility and that drop on Friday also means that long-term investments took a hit here.
See below what my thoughts are for the next couple days.
Friday Lotto idea #TheStrat (Early edition) ποΈ
$NVDA 3-2-2d < 313.27 - 305p PT: 305.09
Not expecting it to go ITM, but a quick dip back to 305.09 could made some profits. I chose the 305p because it’s cheap compared to a 310p, and I won’t hold that contract the whole day. Theta will eat up fast. A short dip at open and then back to new ATH please!
PSA: Includes whining on scalping the Q’s with #TheStrat todayβ¦
From my #SundaySwing list only $FB triggered today but gapped up quite a bit and I didn’t entered that play. Everything else did not trigger yet, was a mixed day.
Since nothing triggerd I got bored and forced trades… $QQQ was my chosen sacrifice on the 60, 30, 15 and 5min. I waited for the break above 394.54, to get in the 395c 0dte. It triggered the 60min to a 2-2 Bullish Reversalβ¦
$QQQ 60min chart on Trendspider with entry triggers
Got a fill on some contracts at .60 and it β as we always think, the market knews when we enter β dropped immeditiately back to 392.90. I got out at 393.90 but still that felt so wrong and stupid to me.
$QQQ 5min chart with the bad trade
As you see, I cut that trade but still lost 50% of my position at this time in 3 minutes of time.
β¦ and ended as a 2d-3d on the 60min π’
I still don’t know why I didn’t follow my rules today and felt back to old habits and tried to scalp on the $QQQ and $SPY like months ago when I lost a good amount of my acct balance.
So this post is here to remind me, to β hopefully β learn from such stupid things in the future.