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What an ugly trading day. I lost $1,200 this AM, but made 1,456 the rest of the day. Net profit was 256.11, to be exact. The positives are I'm trading 60k at a time and not nervous. Negatives are I feel sick and shouldn't be trading. Factor out the open (where I somehow shorted with no stop...

My parents called me up last night to shit on me if I don't wear a mask 24/7.

I feel like I'm gonna puke. Damn vaccine. And yeah, unfortunately, I have to be in a different place to trade. And here's where the type A comes out, this fucking stock owes me more money!

I always trade, so I can get more reps under my belt. Maybe I should have taken the pass today, or done paper trades.

So this AM I lost $1200 on AMD and made 1200 back. I got the damn Pfizer shot and feel lightheaded. I hit short instead of buy at open (also didn't hotkey my stop loss). And my kids were a distraction. To be honest, got the Pfizer shot on Friday night and haven't been right since. I feel a...

BABA as a swing trade this week? Options imply a 5% move by Friday. I'd be willing to bet bullish. They moved up earnings for a reason. They have something up their sleeve. The question is, does the market care about their surprise, over the geopolitical risk? If I can get at 190, I'm...

I think if you are following a trading group, or stocktwits, or WSB, you are wanting to lose money. I come up with my own plan. Its boring, but these guys trying to make 10% a day usually end up falling on their swords.

For the most part, TD Ameritrade doesn't charge fees for shorting, unless its something hard to find. I'm not shorting AMC or GME, I'm shorting boring companies. So its not hard to find shares to short. https://topratedfirms.com/trading/short/td-ameritrade-shorting-stocks.aspx

Stocks go up, stocks go down. I've had to retrain my mind to understand that red candle equals profit too. It took me months. 1% up, 1% down, its the same profit. And like I said, some days shorting is much easier. You have to go with what the market manipulator is doing. If the story...

On my swing trades, I don't short, I go long. But scalping, I just want a slice of that movement, up or down. One thing I've come to terms with over the last few months is shorting. I have always been a bull, but I allow myself to be a bear also. Even when I've been enjoying the run up on...

Why not make money on the way down, and then buy on the pullback?

I probably short half the time. I do short, but not for more than an hour. I short at resistance and support a lot (if I don't think the trend above resistance will hold, or I think resistance is going to break. I'm not going to be like a hedge fund and hold my shorts for months at a time. I...

To be fair, Friday was the first day of 50k trades for me, and I was pretty risk averse. Paper trading, its no problem. I need to trade like I've been practicing, but 50k in a trade makes my butthole clench a little.

I think the market will selloff this week because of covid counts. Likely what is the best thing to short? Airlines? Hotels? Banks? I haven't shorted an airline in awhile, but I can never seem to borrow shares of those at TD. Any ETF's that would be hit the hardest and can be shorted?

So going back and reviewing the tape for Friday, you were right. I could've doubled my profits in 80% of the trades.

I keep CNBC on so I can hear from Cramer. Maybe him, Joe Terranova, Tom Lee and one other guy on there are worth a damn. This money I've made on AMD, that was a tip from Cramer from his actionalerts club. He's not perfect, I do my research and I don't buy everything he suggests. Sometimes, I...

I do it on the thinkorswim app. When you log in, you just click paper trading.

Sometimes the volatility is so high that there's no way to read it. Experimental drug companies are the worst to try to read. You could like up two experts and they'd both give you different answers. If volatility is greater than 5%, I'm not doing it.

That's not possible, unless you can think of a way to automate it. I have to spend all of my time looking for the perfect setup. And when I execute the trade, its a two button hotkey. Like I showed you on the 40 second trade where I made $72, there's a lot going on. Not wanting to sound...

Perhaps you shouldn't be on GME. Fuck that stock. You are getting stopped out because its too volatile. In general, its so volatile you can't get a clear signal. 100% disagree on stop losses being bad, if they are based correctly on volatility. I tried paper trading for GME. Problem was...

I look at it this way, if I can make 500 a day doing five trades at .1% profit apiece, why take on more risk? I know I'm scalping for pennies, but I've had times where I can go one week with no losing trades. I'm open to other ways of thinking, but my goal is 500 a day, and sometimes I make...

I understand that I have mental limitations that cause me to not be able to stop loss myself out. For real. I used to be one of the worst revenge traders out there. I'd rather program it in. When I used to have a $1500 loss day, it was from not having the self control to get out. I have to...

I scalp with 50k trades, yeah. 50k real, 100k on the simulator. Yesterday, I must have done 100 trades with 50k, was a bit too many and made me get careless. For instance, today, I made $72 on a trade of 50k shares at 9:44 (see below). Total trade took 40 seconds to open and close. Used an...

I try to not be on anything so risky that it has a trading halt. I used to, but last time I was on something that was halted was BIIB, and that was just three shares. In general, I hate hate hate pharmaceutical companies after playing the covid vaccine companies last year. Sure, I had winners...

I did get stopped out with a stop loss of 1%. And the last hour, I held. I sold it this AM at 106 and did some scalping. I can go look at the times, but I haven't had time to review the tape yet.

I had heavy losses and gains in February, but I've been at my PC every day since then. I do keep a log, I do go over the data, I try not to make the same mistake twice. The last two months I consistently make 500-700 four days a week. And one day, I lose 1,000-1,500. Six months of never...

I know everyone is enjoying this little rally, but the next CPI number is on July 13th. And if its hot (which it probably will be), we'll see a huge drop. Would keep some cash on the side. Some Economists have predicted next month will be the worst (for whatever that's worth).

That's actually a good idea for a trade. Thanks. If you wanted the stock long term, the time is soon. New CEO's tend to lower the bar on growth to make themselves look like the hero for the next couple of quarters. I own one share, not interested in more unless it goes a lot lower.

Maybe we see the death cross in AMZN soon.

So, I followed all my rules today. Started trading the open and done by 10 AM CST. Made $1,632 on real AMD trades, and 400 on simulated trades on Tesla. No losing trades. When I follow my rules, I win 90-95% of my trades and I end up ahead for the day. When I don't, I do horribly. Half the...

If Amazon goes below 3k, I'd load the wagon.

Been in that for a year now, up 33%. Still holding.

$400-500. Has been mostly simulated trading on thinkorswim. Yesterday was the first time in awhile with real money. And it was a $2,500 day, except I broke my rule about trading for no more than 1.5 hours. For the last 60 days, when I make 400, I step away and do something else. Yesterday...

You know what I mean. I was answering his question.

The problem was I broke one of my trading rules. Best time to trade is between 8:45 and 10 AM CST. My trades just kept winning for hours, I didn't want to leave. For months now, I've been doing simulated trading, and I'm out. I sat there all day, even traded over lunch (bad time). I try to...

All my trades are hotkeyed for profits of .1%, .05, .025 and .01, or a stop loss of 1%, on a stock with a volatility of 3-4%, on an OCO (one cancels the other) bracket order. I don't enter a trade without those parameters. I learned on PLUG that you have to protect yourself. Sometimes...

Oh, I was a super hog today and paid for it. Made like $2,500 on AMD in 50 trades today, then got stopped out thricely. It was starting to feel like a slot machine that never missed...and that's the problem. I fully accept that I make emotional mistakes on trades. Its not a system problem...

Amazon missed. Ouch. Still got out at a profit. Sold two shares, kept one for long term.

And just like a hog, I stay in and get stopped out of my OCO bracket order. Lost half my gains. If I don't do that, I do dumb shit when I lose. I do the OCO bracket order to take the emotion out.

AMD is a scalper's dream right now. Making about $200 an hour today. I think I'm done, I'm just going to get tired and its also lunchtime (algorithm time).