December 2nd, 2022
- Ahhhhh another day where trend reversals steal alllll of my money
1d:2m
1st Trade: Trend "Continuation" Put
- IF WE ARE ABOVE 50 AND 25ma DO NOT SHORT!!!!!!!!!!!
- Idk how long its going to take me to realize that I will never make money going for reversals but i guess its forever cuz i cant seem to ever just trust the trend. The only reason this is somewhat of a continuation combined with a reversal is because we have huge bad data in the morning that caused a massive 7 point drop. I thought that if we would continue that momentum it wouldnt happen after 1030 so i wanted to get in realy just incase we dropped big and i could hold for LOD. Well I lose of course and I fight the prevailing intraday trend and thats it.
2nd Trade: Trend Continuation Long Call
- This was basically me thinking "I have no clue what is going on and what im doing so lets just FOMO into a breakout and I bet it works." Annnnnnnnnnd it worked flawlessly hahahhahahhaa. I made like 50 dollars in this stupid ass breakout trade on a day where we dropped 7 points in the premarket. Sometimes I really do think trading is just a sick joke.
3rd Trade: Trend Reversal Put
- ahhh here is the point where i just said fuck it and got short because we broke the 50ma to the downside and I just truly thought that we would have a big red move today at some point but I just timed it badly and also used bigger size and also its just stupid as shit to think that I should ever go against the trend. I could legit just sit on the 50ma and buy everytime until we have a big break and I would be up so much money. Its absurd how many times I take this trade and it doesnt work and I still do it. Insanity
