The Super Terrific Happy Hour
- Thread starter Max E.
- Start date
Blew it on JNUG, and on GLYC, lol would have been 5 for 5 this morning if i wasnt so schizophrenic, i have a really tough time not just scalping the open cause its so easy for me to scalp it for a thousand bucks a day but in the long run i cost myself money by taking tiny losses instead of having balls, i have alot more patience when io take a position an hour into the day and i can read the trend.
What a call on PBYI, kind of embarassing that the best call by FAR in MY journal is yours.
Im such a piker, lol.
Here is what i thought was coming on GLYC off the open, this is why i played it so chickenshit, once stocks get on SSR when they are in the middle of a parabolic move, they can do this to you at any minute., and once it starts doing this in SSR on a parabolic daily like that you can get into a lot of trouble, my biggest loss in my trading history came on a move just like this mid day, on a stock i had piled into when it was SSR, my loss was like 57k, cause i thought it was done early in the morning, then i just refused to accept reality.
Last edited:
Had to make some minor changes to this thread in order to let everyone know who the alpha trader in this thread is, I think this looks a lot better, I couldnt let Vanzandt show me up in my own thread.
Does my photoshop job look good enough or do you think people will notice?
Does my photoshop job look good enough or do you think people will notice?
Last edited:
Ok, its hard to even rate this day, 8 different stocks +1700, every single stock would have been a big winner at some point, with very little heat, yet i punched to early on the exits, also if i held till the end of the day on everything, my PNL would have been 4300.
I really struggle to hold things in the summer, im very good at reading the tape, but often times i read too much into the next couple ticks and lose track of the big picture when im exiting, i need to take my eyes off the screen, also you got to give any trade atleast a half hour to work out, not 10- miutes, lol.
JNUG and JDST were probably the most glaringly obvious eff ups today, just didnt feel like taking risk at the time and fighting an ETF, shorted both of them cause i only ever short leveraged ETFS, so i took a 4 tick loss on JNUG and only like a 50 tick win on JDST, and i absolutely nailed both of them, there was 2 dollars on both entries, and i basically broke even, thats garbage.
I think im the only person in the world who could short the 3X gold bear ETF, and also short the 3x gold bull ETF in the same day, nail the top on both, have positive expectation on both and still not make much money on them, lol.
Anyone who can offer me advice it would be greatly appreciated, im frustrated by today, i went 8/8 and made 1700 bucks, the thing is i can keep grinding out a living like this but i know i wont make it to the next level, make 7 figures, which is where i want to be, and its a much more stressful process.
I cut my teeth as a scalper, and was very good at it, so i can read whats going on on L2 in the vast majority of situations, but i "Read" myself out of positions paying too much attention to the next tick alot of the time, and its costing me alot of money, but i dont know how to get around it while im grinding for money.
I can swing trade shit but only if i dummy it down to like 5-600 shares, for some reason when i get big i want out right away even though im right the vast majority of the time, and almost never lose money when i do decide to size up.
Anyone who can help me get around this, and teach me to hold it would be greatly appreciated, i was thinking about just putting my balls in the toaster oven after i saw these two trades.
There was 2 bucks on both these shorts, and i totally blew it.
I really struggle to hold things in the summer, im very good at reading the tape, but often times i read too much into the next couple ticks and lose track of the big picture when im exiting, i need to take my eyes off the screen, also you got to give any trade atleast a half hour to work out, not 10- miutes, lol.
JNUG and JDST were probably the most glaringly obvious eff ups today, just didnt feel like taking risk at the time and fighting an ETF, shorted both of them cause i only ever short leveraged ETFS, so i took a 4 tick loss on JNUG and only like a 50 tick win on JDST, and i absolutely nailed both of them, there was 2 dollars on both entries, and i basically broke even, thats garbage.
I think im the only person in the world who could short the 3X gold bear ETF, and also short the 3x gold bull ETF in the same day, nail the top on both, have positive expectation on both and still not make much money on them, lol.
Anyone who can offer me advice it would be greatly appreciated, im frustrated by today, i went 8/8 and made 1700 bucks, the thing is i can keep grinding out a living like this but i know i wont make it to the next level, make 7 figures, which is where i want to be, and its a much more stressful process.
I cut my teeth as a scalper, and was very good at it, so i can read whats going on on L2 in the vast majority of situations, but i "Read" myself out of positions paying too much attention to the next tick alot of the time, and its costing me alot of money, but i dont know how to get around it while im grinding for money.
I can swing trade shit but only if i dummy it down to like 5-600 shares, for some reason when i get big i want out right away even though im right the vast majority of the time, and almost never lose money when i do decide to size up.
Anyone who can help me get around this, and teach me to hold it would be greatly appreciated, i was thinking about just putting my balls in the toaster oven after i saw these two trades.
There was 2 bucks on both these shorts, and i totally blew it.
Last edited: