February 8th
I haven’t taken any notes this morning, but I’ve been working all morning. I started with my watchlist and narrowed it down from the 19 it listed to 11 to pay attention to. That’s still a lot, but I can pare that down, too. There were actually only a couple that looked good today, and more that looked like they could be good in the coming days.
Equities are pushing up a bit today, but is staying in a similar range as yesterday and Friday. There doesn’t seem to be a lot of activity today, so we’ll just see what Forex looks like.
Before I get into that, though, I looked at quite a few options, narrowed it down to 3 that I liked today, but I can’t afford any of them. Not even pushing my risk to 3% (I’m not going to push it any higher). This is probably a situation where I could open a spread to get my costs down, but, idk, I’m still not comfortable with that I suppose. I’ll give it a shot in my practice account
I’ve already determined the direction I want to play forex pairs, at least for the beginning of the week, so I’m just going to look at those, and see if there’s any opportunity. I’ll update this with screenshots if I pull the trigger anywhere
February 9th
Equities gapped up this morning, and is now sitting just below the highs it made during the rally at the end of January. The way the markets have been going, I could (again (I feel like I’ve said that before)) see this continuing up, but I’m more expecting it to fill the gap (wow, I do always have a short bias. Something I’ll continue to work on).
I feel like I had a neutral bias when I looked at the currency baskets on Monday, so I’m going to just start with the pairs I already have singled out. I’ll look at the baskets again if things have pushed wildly in the opposite direction; and of course, I’ll do all of that after looking for an options play
OVERWHELM! How does this happen and what can I do?!?! Today’s screener had 33, up from the 30 yesterday and there aren’t that many crossovers that I can tell. I definitely need a way to pare that down to, like, 15 at the most. Or at least start with the “top” 15, but by what criteria? Day’s change? Volume? I guess I like volume if I’m looking for breakouts on the day. Maybe pre-market volume. Let’s start there, and we’ll try to pay attention to just the first 15 (and then the one’s I looked at yesterday, and then Forex. I’m overwhelming myself, but, really, I think it’s due to other/outside (of trading) life forces. I know I can do this, and I will be successful with it, I just need freedom….. It’ll all work out. It’ll all work out. It’ll all work out.)
February 10th
This morning, the screener was showing over 60 securities. The VIX is also spiking today. I don’t know what to do. I want to hunt and work. Find opportunities. Be successful. Feel good. But I can’t. I don’t know man…
The S&P hasn’t filled the gap it made at the open yesterday, but it’s also sitting well off of the highs of yesterday. I still think that the gap could be filled, and at the very least, mostly sideways movement here, so I think I’ll just look at some stocks and maybe Forex pairs (but IDK, since I can’t trade them)
I did glance at a few stocks, and even decided on a new way to sort the available options (by price, low first, so I can be more sure that the options will be in my price range). I didn’t pull any triggers today, even though I saw something I liked (I could’ve just given it the day and got out tomorrow afternoon regardless….. IDK why I didn’t. I guess I’m a pussy), I didn’t pull the trigger because it’s Thursday (I don’t plan on trading much tomorrow, just review, and I didn’t want to hold over the weekend).