Holdmytexan

So I'm thinking that with everything life is throwing at me right now I'm going to have to take a break from trading. I'll still study my ass off and will be watching the markets as much as possible. I just can't commit the time to sit and watch a trade, if there's something long term I might take a small position and just set alerts and stop losses. So for now study up and stay safe everyone, I'll be back to the daily grind as soon as I can!

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Holdmytexan

Ok so I was doing something I haven't really done much of since mid May, watching TV lol. I saw this story about a special lady in FT. Worth Texas that is doing something great, but she needs extra help due to the pandemic. I've decided to follow the lead of my mentor @timothysykes and other great traders and people like @Doc and @sarimanap and donate at least a portion of my profits this month here https://gf.me/u/y3k75m to help Willa Johnson feed these children. Hoping that I can stay focused enough to at least cover the cost for 1 day which is roughly $600. That is a huge hill for me to climb since I have yet to have a profitable month due to lack of focus and silly mistakes but maybe this will give me the motivation to stay the course. Here's a link to the news story https://www.wfaa.com/article/features/originals/fort-worth-woman-drives-across-north-texas-to-feed-kids-right/287-584955713 I would like to invite everyone to join me in this.

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Holdmytexan

So my last 3 trades were losses and all around the $200 mark. None of them were really bad trades though. First was $TSLA and I was just a day early on it, next was $JKS puts and I was only a few hours early there, and finally $NIO calls. This one just didn't work, I probably caught it right in the middle of consolidation but either way was not timed right. The only thing I would change about any of these trades would maybe be the position sizes and scale them back a bit, but I think they were all pretty solid set ups that just didn't work. None of them stopped me out but they just weren't working. Going to get studied up and ready for next week and hope y'all do the same. Stay safe everybody

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Holdmytexan

Should have stuck with the plan to not trade lol. Got suckered in by $TSLA and bought the dip, got in too early too big and it didn't bounce back so I took a bigger $ loss than I wanted but not a huge loss. I did do a better job of getting out when the trade wasn't going my way but should have been more patient with the entry. Put a dent in the monthly gains and overall red for the week but still green for the month. Still have a solid 9 hours drive tomorrow but I have better wifi here at the hotel so I'm not running without my STT. I'll be looking at the markets in the morning but NOT going to force a trade. Stay safe and study up!

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Holdmytexan

Well had a small red day today mainly because I stayed in my morning $AAPL calls longer than I should have and lost around $70. Not huge percentage or dollar wise but the signs were there that this wasn't going anywhere, but I was trying to limit the loss by catching a bounce that didn't happen. I did get out even before my hard set risk level and then later in the day bought the puts about 20 minutes before the close and made most of that back while not holding anything overnight to be safe. Even though I didn't let my loss run, the lesson I need to take away from today is to get out earlier when I know the trade will not work, that would have saved me a few dollars but more important to me was the time waisted watching a bad trade. I am however very proud of my second trade even with a very small position. I had a plan and followed it without risking anything overnight. I'll probably be watching this for a potential morning play since I've decided to leave a little bit later to head home in the morning. Stay safe everyone and study up!

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Holdmytexan

Had 2 pretty good trades today even with bad internet. Total of $155 before fees and left some on the table with $AAPL but I was getting frustrated in the morning session with the very bad wifi lol. Overall happy with the 2 wins and still improving as I go through this journey. Really enjoying my trip also but I'll heading back home Wednesday morning so probably won't be trading that day. Stay safe and keep studying everybody!

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Holdmytexan

Had 3 really good days to end the week even though 2 of them I was traveling. Didn't trade at all Wednesday and had 1 good trade on $NIO Thursday morning before getting back on the road and had 2 good trades Friday while playing with my grandson. I've decided that even though my account is still small, I need to start paying myself for my efforts. So starting this past week I'm going to transfer 25% of my weekly profits out of my trading account. This week that was $155, it's not much and some weeks may be nothing at all but I feel a reward of some kind after a good week is necessary. Not sure how much trading I'll do next week since I'm still going to be in Wisconsin with my grandkids and my son, but I plan on only taking the best plays and probably only in the morning hours. Not doing a lot of studying on this trip either but maybe the break will be good, I feel confident that I know what to do just have to limit the mistakes and control my losses. That's all for now, got another big day tomorrow. Study up and stay safe everybody!

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Holdmytexan

Had an ok day today, Had a pretty good trade on BYND for a small profit and locked in a small profit on NKLA put. My only loss today was in PTON and I let that one get away from me for a bigger loss than I would have liked, but when it cracked it went pretty fast. But still an overall green day for me to chip away at my losses for the month. I'm still holding a position in NKLA more of a lottery style put expecting $GM to back out of the deal tomorrow. It's a very small money position and won't hurt my account even if they expire worthless but I get the feeling that it could be close to $9 or $10 before Friday given all the big sell orders from the past couple of days into the close. I won't be trading much if at all the next 2 days but I will be watching NKLA pretty close while traveling. Stay safe everybody and study up!

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Holdmytexan

Had another pretty good day today with WKHS calls this morning. Got in a little too early again but never made it to my risk level, and sold pretty close to the top of the mid morning spike. The stock did go higher later in the day but I'm happy with my trade. Might revisit tomorrow if the price action is there, thinking this could push 52 week levels with a good catalyst. Also bought back into NKLA puts and I'm glad it didn't reach my risk level intraday because of the huge block sellers into and after the close. This could be the start of the dump so I'm glad I at least have a small position overnight. Stay safe everybody and study up!

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