I will be consistent with my passion.
I will make enough to live comfortably.
I will be driving 1 of my dream cars.
I will leave an impact in my niche.
And finally, I'll have a deeper connection with God.
Pinning this till Its accomplished.
The read was right, the first entry was early. Cutting it fast allowed for the second one to pay +$210.
I need to let the pump finish before trying to enter towards the downside. I always lose my first trade and then make on the second attempt to break a lower support.
TRADE RECAP:
• 8:43 CT Bought the 240P at $3.50. 8:55 sold it at $3.05, so −$45
• 9:01 Bought the 240P at $2.75. 10:07 sold it at $4.85, so +$210
Net +$164.78. 5 green days in a row
Total Daily Gain: $165/NVDA + $153/WORK = $318/DAY
I was in for 1 contract each, both the 240P expiring today. The first one didn't move my way so I cut it at −$45. Re entered at $2.75 and took it off at $4.85 for +76%.
Waited out the first 5 mins this time and cut my loser before it got ugly. Could've held the 235P longer but it retraced anyway, so taking the money was the right call. I do need to stop trying to pre-fire my entry though. But overall beautiful setup & Trade.
TRADE RECAP:
• 8:38 CT Bought the 232.5P at $3.00. 8:45 sold it at $2.65, so −$35
• 8:52 Bought the 235P at $3.90. 9:13 sold it at $5.50, so +$160
Net +$125. Done trading by 9:13, nice lil day
Total Daily Gain: $125/NVDA + $153/WORK = $278/DAY
I was in for 1 contract each, both expiring 10/2. The 232.5P didn't move my way so I cut it at −$35. Re-entered on the 235P at $3.90 and took it off at $5.50 for +41%.
SEPTEMBER RECAP:
So beyond blessed snd grateful to be slowly but surely turning around my situation. Onto better things for October.
• Work: $2,832.00
• Trading: +$1,029.73
Total: $3,861.73/MONTH
↑100.7% from August ($1,924.44)
Yesterday's lesson stuck.
I took the money instead of riding it back down.
What I still need to fix: I entered 1 min after the open, inside my own 5 min rule, and scalp #2 had no real thesis.
Clean day. Now make it a disciplined one
I was in for 1 contract at a 235P at $3.95, out at $5.00 in 5 mins. Then 1 contract at a 232.5P at $3.50 for a quick $35 scalp. Took the money both times instead of getting greedy.
MY THESIS:
NVDA spiked to 232.82 at the open and got rejected on the 2nd 2-min candle. Once it lost 231.62 and VWAP, the spike was a fade.
“Fade the spike. Respect the level. Take the money.”
TRADE RECAP:
• 8:31 CT Bought the 235P at $3.95. 8:36 sold it at $5.00, so +$105
• 9:10 Bought the 232.5P at $3.50. 9:15 sold it at $3.85, so +$35
Net +$139.75. Done trading by 9:15am
Total Daily Gain: $140/NVDA + $65/WORK = $201/DAY
What I should've done was take profit at 228.44 it was a great target. Greed turned +$250 into −$200 and I only made it back because the levels held. My longest, most technical trade yet, but the plan was the target, not the hope.
New rule: hit the target, take the profit.
TRADE RECAP:
• 8:53 CT Bought the 237.5P at $6.30. 8:59 sold it at $5.60, so −$70
• 9:17 Bought the 232.5P at $1.90. 2:38 sold it at $3.70, so +$180
Net +$110. Was +$250 at 228.44, got greedy, fell to −$200, came back
Total Daily Gain: $110/NVDA + $84/WORK = $194/DAY
I was in for 1 contract of the 232.5P at $1.90 on a limit. Went from +$250 to −$200 but I marked every support and resistance level and held as long as they held. Closed at $3.70 near the lows my TP was at around $4.30 but webull kept not executing it so it filled me weird.