Well, that was a crummy end to the year. Continuing from trade #49
My mental stops kicked in during the bear downturn, because I had visions of 2022 dancing in my head. I'm glad I got out when I did, in mid-August for the MNQ and late September for the MES, because October was absolutely brutal as we all know. The SP fell another 200+ points from my exits, but I think the naz fell only a bit further from that exit of 14.9Kish a week earlier.
In the interim between the naz and SP exits I tried a little day trading with fixed targets and stops near the end of August, but I could not get the timings of the chop quite right, and proceeded to lose ~$550 that day. Decided to not die by 1,000 cuts, so just let those SP trades fester, and after a month of slow drip, pulled the plug. Ug.
After watching the bull reassert itself in earnest in November, I dribbled in for a few swings in December with those same fixed targets (of ~10 points on the SP). I was feeling particularly gleeful about either trade 67, 68 or 69 (can't remember which one it was), because I managed to get out 1 tick below the top tick of the day.
I am still not convinced that the Fed is done, so I have a tentative swing in place. And while we seem overbought again (I hate the idea of couching a market as overbought/sold, it seems so parochial), there is at least a feeling of muted optimism at the end of this year after Powell's machinations over the last two meetings.
Around the time of the ES exits I decided to get into gig delivery work, to get the fuck out of the house and get some exercise, and am enjoying that now full-time. It's almost more fun watching the trades from afar on the iPhone's stock app rather than staring at it on the trading screens. Can feel a bit more aloof about it all, more detached, and thus more relaxed.
Thus, I muse.
Open for now...
My mental stops kicked in during the bear downturn, because I had visions of 2022 dancing in my head. I'm glad I got out when I did, in mid-August for the MNQ and late September for the MES, because October was absolutely brutal as we all know. The SP fell another 200+ points from my exits, but I think the naz fell only a bit further from that exit of 14.9Kish a week earlier.
In the interim between the naz and SP exits I tried a little day trading with fixed targets and stops near the end of August, but I could not get the timings of the chop quite right, and proceeded to lose ~$550 that day. Decided to not die by 1,000 cuts, so just let those SP trades fester, and after a month of slow drip, pulled the plug. Ug.
After watching the bull reassert itself in earnest in November, I dribbled in for a few swings in December with those same fixed targets (of ~10 points on the SP). I was feeling particularly gleeful about either trade 67, 68 or 69 (can't remember which one it was), because I managed to get out 1 tick below the top tick of the day.
I am still not convinced that the Fed is done, so I have a tentative swing in place. And while we seem overbought again (I hate the idea of couching a market as overbought/sold, it seems so parochial), there is at least a feeling of muted optimism at the end of this year after Powell's machinations over the last two meetings.
Around the time of the ES exits I decided to get into gig delivery work, to get the fuck out of the house and get some exercise, and am enjoying that now full-time. It's almost more fun watching the trades from afar on the iPhone's stock app rather than staring at it on the trading screens. Can feel a bit more aloof about it all, more detached, and thus more relaxed.
Thus, I muse.
Open for now...
