Day 34: Day trades 4/5, Swing trades 2/5, P/L - $8...
# active-trading
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Day 34: Day trades 4/5, Swing trades 2/5, P/L - $82.98, overall - $97.42. So the big loss today came from a swing long on AMD that dropped 10 dollars overnight and i was down over 150 dollars on it before market open. I put a tight stop after the first clear reversal as the technicals of the trade were completely different from when i entered at this point and i thought from a strict opinion it was best to not risk losing more when i never planned for that to begin with. Now this turned out to be the wrong decision in this case and i took a 145 dollar loss instead of holding throughout the day and then closing it for near break even but i was trying to be strict about it and made the best decision i thought in the moment, probably should have tried to trail my stop more loosely and rode it back up. Other than that bad trade i would have been up over 70 dollars today. I had several really fun day trade scalps for smaller amounts and closed a couple of swings around their first targets. I had three trades on the QQQ intra day fading the bursts up back into the gamma walls on the 2 minute, it was awesome. I definitely still need to refine how i am trading with the GEX indicator guidance but it does seem to be worth paying for a month subscription and re-evaluating after another 30 days. I also got a response from the maker of the indicator reviewing some trades i posted in his discord and he commented that i was using it well but weeks with big news like this would cause the gamma walls to fluctuate more than usual, so i am hoping to get even better results in the weeks ahead.