So yesterday I've got youtube shorted by Traveling Trader talking about Gamma Levels and how it has changed his game in a big way. I've never heard of this. Apparently its not super known because these ideas entered retail around 2020, and haven't spread…
Missed this one, but logging for future reference - so I don't miss this kind of setup. Two direct hits into the level: 5m looks like this: Follow-up: 21.25x potential Lesson being take these trades, let them ride after lossless adjutment. QCOM: Hesitated at the extreme here:…
I am not trading very actively last few days. Watching my very profitable AAPL options swing. Sightings Tis one is just a thought. The R/R is good here, despite the forbidden entry on the descending See-Saw. But I want to try these kinds of setups in the future. What…
NFLX is a massive loser right now, consistently most days. Any extremes seem to lead to further downside. Maybe its a good idea to short these spikes? On the other hand QCOM is the opposite. Maybe this is what A.G meant when he said trade in the direction of…
I've been doing really well in my swing positions, and its again translating to day-trading with reckless abandon. ORCL : This is not a high velocity entry. Only enter high velocity on FB. SPY : entering on 3rd candle, which is a no. It would still be a loss trade,…
Every time you break your own rules, you make it more likely that you will do so in the future as well. If market doesn't punish you right away - its even worse, because you'll have positive feedback associated with rule breakage. So: Do not break…
So this happened today, and its a classic Gerchik breakout with a bounce followup. I am trying to keep it simple right now, but I will be adding this model to my system.…
Had a +1R fairly uneventful day today. Didn't stay in MSFT trade that would have been rather rewarding if I just kept the SL where it was originally placed. My kid needed feeding in the morning, and I put the stop into lossless position and went to feed…