I am very pleased with my trades this week.  I was green 4 out of the 5 days I traded, and ended the week green as well.

     My strength has been in my options trading, which is where I think I will do the majority of my trading from now on.  I am slowly digging my way out of the hole from my disastrous $SLV options trade in February this year, and it's doing wonders for my confidence.  I tried my hand at a couple of listed stock plays, but neither one worked well.  I cut the trades quickly though, so I had very small losses/gains.  I have an open position in AAPL right now, my first ever vertical spread trade.  It's a call debit spread, aka bull call spread.  It's the first time I've ever shorted anything, since one leg of the spread is a long call and the other leg is a short call.  It's a long term, big picture trade, since it expires on August 20th 2021, but it's already working really well.  $AAPL has been running up everyday since I placed my trade on June 28th.  I am using my Tastyworks brokerage account to play with more advanced long term strategies in options.  They have a really great platform for analyzing options strategies and trading them.

     I am pleased with my tighter risk management adjustments that I implemented this week as well.  I am planning to make my position sizes more consistent for next week.  Instead of just buying 1 contract at a time, I am going to change the size of my orders to reflect a $100-200 position size.  My risk is still at less than $50, but I aim to cut losses intelligently, depending on the price action I see.  I am not going to stubbornly hold until my stop hits every single time.

     As for specific strategies, I have still been getting 50/50 hits on the Dark Pool Whispers.  I have been making money though, so this looks like something I should continue to explore.  I didn't trade any Croock alerts this week, the ones that came through I missed, except for one of my $AMC trades that I entered right before Mark alerted it, so it doesn't count.  That was pretty cool.  I literally put in my trade, then looked at my phone and he sent the alert for the same stock!  I had a different strike price and expiry date on the contract I bought though.  I have that trade listed under the strategies of 'short overextended stocks/breakdowns.'  The 'buy breakouts' strategy was for $WISH, and I played the stock.  The breakout failed, so I was out for a small gain.  Luckily I had a good entry.

     I didn't trade any OTC's at all.  I was watching a few penny stocks, but I just couldn't focus on any of them this week.  I feel more confident trading the options with Stefanie Kammerman's technique, so that was my main focus.

Here are my trade stats for the past week:

Total Closed Trades: 8

Accumulative Return $: +$106.86

Accumulative Return $ Net: +$101.15

Winning Trades: 5

Losing Trade: 3

Biggest Profit: +$54.97

Biggest Loss: -$11.50

Total Commissions/Fees: $5.71

 

OPTIONS TRADES 

Total Closed Trades: 5

Accumulative Return $: +$113.00

Accumulative Return $ Net: +$107.34

Winning Trades: 4

Losing Trade: 1

Biggest Profit: +$54.97

Biggest Loss: -$11.03

 

STOCK TRADES

Total Closed Trades: 3

Accumulative Return $: -$6.14

Accumulative Return $ Net: -$6.19

Winning Trades: 1

Losing Trade: 2

Biggest Profit: +$7.82

Biggest Loss: -$11.50

 

Specific Strategies

DARK POOL

Total Closed Trades: 6

Accumulative Return $: +$43.02

Accumulative Return $ Net: +$38.36

Winning Trades: 3

Losing Trade: 3

Biggest Profit: +$40.97

Biggest Loss: -$11.50

Total Commissions/Fees: $4.66

 

SHORT OVEREXTENDED STOCKS/BREAKDOWNS

Total Closed Trades: 1

Accumulative Return $: +$56.00

Accumulative Return $ Net: +$54.97

Winning Trades: 1

Losing Trade: 0

Biggest Profit: +$54.97

Biggest Loss: -$0

Total Commissions/Fees: $1.03

 

BUY BREAKOUTS

Total Closed Trades: 1

Accumulative Return $: +$7.84

Accumulative Return $ Net: +$7.82

Winning Trades: 1

Losing Trade: 0

Biggest Profit: +$7.82

Biggest Loss: $0

Total Commissions/Fees: $0.02