Expected some better trades because of more volatility, but my picks for today failed, except AAPL. Didn’t traded one of the alerts today, since I wasn’t on the desk at all.
$WYNN 82p 🛑 - triggered right at open, traded back into opening range and stayed pretty flat. After that 3-1 setup forming yesterday, I expected a larger move. Failed.
$CVX 103p 🛑 - triggered right at open, like all my other picks, back into opening range and flat.
Market opened red and some of my setup were already invalidated. Let’s have a look:
$BA 220p 🚀 - triggered after open with a delay but had plenty of time to get into it. 1.60 -> 5.00 = 210%
$SNAP 78p 🚀 - also right at open because it gapped down, entry a bit later ran straight up 2.00 -> 4.30 = 115%
$PLTR 27p 🚀 - bearish prediction and bearish market, wonderful combo!
Mondays… #TheStrat-wise not the best days because we try to get a direction or see a possible trigger, which most likely starts on Tuesdays. But today some of the triggers worked as well, better than expected.
$AMD 103p 🛑 - triggered at open and failed, small loss, because of tight stops.
$BA 227.5c 🚀 - triggered but BA was on a run and even opened above the trigger and didn’t stopped.
Friday! Lotto options day! I charted and set alerts for 6 different tickers, nearly every ticker had a 4-hour setup as entry, so this was risky but payed well on some of the trades. I normally do 4-hour entries only on Friday because of the 0dte options to get an early entry.
$BYND 112p 🚀 - alert triggered instantly on the 1min chart the 3rd candle broke, triggered the 5min candle at 112.
To many tickers and alerts, I got ham and charted some more tickers this morning to train TheStrat, way to many to handle them all, have to limit myself here more. 🤷♂️ But to explain, I found some good looking tickers that morning and wanted to chart them and as I finished they looked good and I created a trade alert for me ($PYPL, $WBA)
$PYPL 280c 🚀🚀🚀 - 3-2u trigger with a Bullish Continuation: .
What a lovely volatile day, scalping trading QQQ and AAPL many times today and most of the trades were profitable, the ones I lost had tight stops, so risk management was key today, as every day.
$FB 350p 🛑 - since it was a huge gap and FB even opened below my 1st profit target, it was no trade for me. BUt even if you traded it, you could win big here.
Will do these recaps to look back later and see how a setup played out. I also started to noting down which of #TheStrat setups worked out best for me to give them more priority or specialize even more on the reversal.
$MRNA 400p 🛑 - triggered right at open, I’ve to play with the delays and sensitivity a bit more, but sometimes that happens. No entry, no loss.
$MRNA 450c 🎯 - same minute MRNA bounced backed and at entry trigger ran near 440, target was 442.
What a fantastic start in the week! Seriously that was long overdue and finally opens opportunities to target last ATHs on our favorite stocks. Since I also had bearish setups for today, they banked! If you waited after market open the first 15-30minutes and look at the setups you could still go in on these and made some good money. So I would call them all nice profits, here we go:
Risk management is the most important part of trading!
As an idea, this is how I try to minimize risk before buying. Quickly shows me how many contracts I can buy.
Maybe this helps some of you too.
Wow what a volatile day, I had it more bullish on my plays, but anyways, great close of a quadwitch week
$MRNA - hit - had the trigger from the 4hour entry for a possible 2-1-2 reversal and it played out well but as a 1-3 to the downside the 420p 2.30 -> 14.00 = 510%
$ORCL - failed - apparently that one was weird, because whole tech dipped down and only a few stocks went up, ORCL was one of those after it triggered right at open, was never a good point for getting into the Put.
After the red day yesterday were every alert failed, let’s check today. But I read that some of you made quick profits, so I’m bullish :-)
$BAC hit - triggered and was a quick one! (quick as in fast 10 minutes!) .69 -> ~.80 = 15% I call it win.
$BA fail - triggered and never was profitable
$MRNA hit - also a quick trade but @parksters made profit, so I’ll take it as a win 2.
Tried to scalp today and didn’t play the daily alerts I set up, doesn’t worked well. My 4 scalp trades on NVDA and TWTR all failed after an actionable signal on the 60, 15, 5m, so I stopped trading for the rest of the day.
Anyways… let’s see how the alerts did…
$NIO fail - theoretically it would have been profitable, but only 5 minutes time window
$NVDA fail - triggered and after small profit of maybe 10% it failed
What a red day to start the week, but as 10 out of my 11 setups were bearish, it was expected by me. 8 out of 10 bearish alerts got triggered, I had only $AMD bullish which not triggered and $FSLR didn’t trigger because of a huge 7% up today.
$UPST 250p - fail Quick profit possible, Reached my projected target twice after alert. (but premiums was high!) 4.50 -> 5.
Last week I played with different settings on TrendSpiders Alerts feature which is pretty cool, once you’re getting used to it. It sure lags some other nifty features from TradingView but 2 cool features that I found really helpful are:
Sensitivity You can setup a range around a trendline or other indicators when the alert fires and the price has not to be exactly break through or touch the indicator. The slider adjusts a blueish area around the indicator on the chart so you can see exactly what happens.
Created a #TheStrat related page here with some infos, will add a lot more in the next couple of days. I also created a category for my trading journal, which you can follow here or via RSS too, if you like.
What an end of the day with everything turning red and SPY and QQQ gave all gains since 8/19 back.
$ZM 9/10 300c - 2-1-2 Bullish reversal - triggered after short confirmation candle and kept going .65 -> 5.60 = 780%
$PEP 9/10 155p - 1-2-2 Bearish RevStrat Reversal - triggered and stopped going down. Fail.
V 9/10 225p - 2-1-2d Bearish Reversal - triggered and kept momentum down .34 -> .
Quick recap for 9/9 trading day.
$MSFT 2-2 Bullish Reversal 9/10 302.5c - triggered and failed, since rest of tech market stumbled and MSFT wasn’t strong enough to grab momentum after trigger.
$CHWY 2-2 Bullish Reversal 9/10 77c - triggered a bit later, failed immediately, came back at noon but had a hard time to go up.
2 out of my 6 planned #TheStrat setups triggered and both failed. It is what it is, using tight stops and not baghold helps on such days to not blow up an account or get in earlier.
I use my Micro.blog account now for journaling my stock&options trading experience with #TheStrat
Lets see how this plays out to have a journal on here, still crossposting to Twitter and Mastodon as well.
Since my Micro.blog here got a bit dusty, I’ve to free it from dust and will use it as a daily/weekly stock trading journal for #TheStrat as well. Since all posts will get cross-posted to Twitter, this could work and would give me some longer-post opportunities as well.