Closed the day +1,248$ on the day. Had a really nice bounce back day after only making 20$ yesterday and trading sloppy. I have been making some nice reads on listed plays and using smaller size in sympathy plays. These sympathy plays in the BTC and NFT space have been running nicely this week and I am looking for this trend to either continue or flip flop. Either way, I will look for some r/g moves or short if they cant hold themselves together.
OTCs are still heating up a bit with some good % movers. The moves havent been sustainable many of them are 1 day spikers, but it is at least creating optimism in the OTC markets and bringing in buyers. I need to look to join trend on some of these as I have missed every huge % gainer in the morning. A play like MDMP from I completely missed last week and its 1st green day this week on the long side. These are great r/r plays as they have been skipping up and shorts have been tough to come by.
I did a much better job of trading less today and prevented myself from jumping into several trades, which was great because QQQ started dumping and the positions I was considering were longs that wouldve failed. I did a much better job of watching the price action for a few minutes before placing a trade today. Sometimes I see something moving without watching the L2 for a bit and think I have a read on it, only to get faked/chopped out.
Some big squeezers happening AH like WKEY and TKAT, so I think there will be some more big squeezers tomorrow during PM. The markets got ugly today, so I will be hesitant on longs to start the morning and let the first few minutes play out to see if it can pick a direction.
Gotta close the week strong and protect gains.. its a marathon
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