$618 Profit
UPTLong Stock
June 2024 Week 3 Got wildly undisciplined towards beginning of week wanting to buy puts on NVDA and not cutting quick enough, but the break in middle of week helped realign my mental fitness. Attacked Apple FRD /DT + news short with puts then got FRD on NVDA for a solid gain. Had a decent dipbuy on ZAPP but got crushed chasing breakout on GRDI into a middle finger candle and then halt down. Another highlight was MBIO afternoon breakout but sold way too soon.
| Date | Price | |
|---|---|---|
| Entry | 6/17/2024 | 1.00 |
| Exit | 6/21/2024 | 1.00 |
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Need to be way more patient on entries on shorting these sketch runners as eventually they will collapse but being early will cost day trades and mental capital. At least have to wait for a morning spike but ideally midday or afternoon for exhaustion on buying and let it prove itself. Also could have done way better on NVDA FRD towards end of week but had a far from ideal entry.
Followup ended up trying to reshort with options NVDA for a little scalp on support break, acted weak but after also buying a random pattern on AREB trying to anticipate a breakout gave back an unacceptable amount of hard earned gains. Seems to be pattern that a few bad trades make or break a week/month so really need to limit losses by both rule #1 and selective trading