Stock & futures day trader, taking punch after punch, day after day, week after week, month after month & year after year. Twitter journaling for accountability
After wide stop and losing yesterday, tried limit orders on META.... but keep it tight, lost & then PUMPED. Was always going to happen. Shut it down before i did something stupid. Only positive with yesterday and today was I could control myself & stop when i knew I was beaten.
PM action was good, lots of volume on the open, but a gap and crap is always an option. Ive no idea if the news was good or bad or just irrelevant. I guess irrelevant. Bullish bias fucked me, and poor risk management.
1 & done! Pretty annoyed with my tight stops stopping me out and missing moves. So i decide enough is enought. and i gave it a very wide stop. refusing to be shaken out. SOFI up on news. Daily was ok, in a range but bottom of it so I thought maybe higher. The market disagreed!
Up only day. Started off with really tight stops, hit miss move, hit miss move, grinded out + 400. Then one mistake in SPCX where i didnt have a tight stock and let it go agaisnt me and more big loss maybe - 300. So frustrating when i use them i lose (miss out) and when I dont i
get smoked. I did overtrade big time, and TBH probably not in the right stocks. META had news and Semis went up only. Having started out in NVDA and INTC i should have stuck with them who were in play rather than TSLA and SPCX. It just felt like everything was in up only mode.
Friday 18th. Futures nope, cant catch a move. then NVDA im too early, stop out at the low,. Over for the day, its just not going to happen.. Obviosly i should be reentering but just not up for it.
OK. 1st lag trade, good. 2nd held on for too long, it was painful. Its not my stype holding on underwater knowing i shouldnt be in it, but also it would be poor to exit at the lows (which it kept on revisiting) decided a hard stop would be a bad idea. and it would have been.
That META trade,,,, desperate to short something as the market drops. I find something not dropping... AKA strong. and as soon as the market turns it fucking rockets. FUCK shorts and looking to follow the market look for potential longs.
SPCX. just so fucking desperate
Open, messed up missed the move.
After FOMC. Bad trade after bad trade after bad trade. Just following price like a desperate rookie. Cant believe Im trading like this. Price moves and i follow it. HOW.... its actually shocking how i traded. Im desperate but this is shocking
14.09.26 TSLA picked cos of initial strength, but then went to shit as the market and eveything else pumped hard. very annoying. I think the trade was ok, im buying relatively low, the 2nd add was really good. it just didnt work out.
Futures fucking shit show. literally wanted one small position to have on when i watched football....... but im fucking shattered after 10 hours of work. so i messed up a basic stop order.
Poor day..... tried to push in on Quantum news. but it didnt work out. Some rookie errors going too big and not managing risk. But I do think it was a day to push it. It just didnt work out. I am definitely buying too high expecting follow through, needs to stop.... some day!