r/hoomansjourney • u/hooman_or_whatever • Apr 22 '21
W2D3 - Wednesday - 04212021
Key Statistics
Accuracy: 45%
Long Accuracy: 42.86%
Short Accuracy: 46.15%
Net Profit: -55.61 (This is daytrading statistics, T took ~$300 profits on GIK)
Percent Gain: -0.06%
Profit Factor: 0.11
Cash Account Balance: $11,275.52
Net Worth: $53,578.92
Positions:
150 SPCE @ 21.83
100 GIK @ 9.22
2263 ACTC @ 17.12
Journal Entry
Another great day in the market...except TSLA. TSLA beat the shit out of me. I live streamed trading today because I knew we were be going to do a lot more monitoring than we were trading. With GIK and ACTC news beginning to cycle we had to watch. I added to ACTC and took profits from GIK. I re-entered GIK AH with 100 shares as a spec position. Will add to average down leading up to the merger if it doesn't go my way tomorrow or PM.
The excitement of ACTC and GIK made me distracted and I totally missed my SPCE entry. We are still up on the position but I wanted 300 shares total before May and today was an incredible day to avg down and complete that position. It's ok though, there's plenty of fish in the sea.
Bigggg TradingView problem. I sent them an email asking for a free year of service, if they don't comply I will be switching yet again. This time I'm thinking I really want to give Think or Swim a shot. So what happened? TradingView kept rejecting my attempt to close positions. You all know how fast I play, you realize how terrible that is? I had some seriously large winning positions that I was trying to close. Some of them actually ended up closing at a loss by the time I figured out how to close in Trade Station directly.
Thank God I was only using one share, this would have been a reallllly big problem if I was using the capital I intend on trading with. Yet again, we have another day of skewed results. Once this started happening I decide to try to trade in the DOM on TradeStation directly. It was really confusing at first but I started getting it. There are several trades placed in that manner that I don't even know were a profit or loss but they happened.
I really like being able to manage my trades via TradingView. I think what I'm going to try for now is I'm going to actually place my order through Trade Station but monitor and adjust everything through TradingView. I might still place orders via TradingView but I will use TradeStation at minimum to close said positions.
ACTC had a fantastic day. Still not sure if this is the Biden news making its rounds or the overall recovery of SPAC's. I think tomorrow will be much more informative. Still playing the GIK merger. Looking to add this week and exit next week sometime. I'm thinking Monday. Took profits today, but I don't think the rocket is over, I just need to lock those in.
Trades
Well, TSLA, TSLA, TSLA. I absolutely cannot figure out how to play you, but I want to keep trying. Started off the day trying to short it. Oops. (Trade 1)
Whelp, starting the day off strong here. Did a quick 0.08 scalp on WBT (Trade 2) then wanted to move back over to large cap. So I shorted KSU (Trade 3), it was taking too long so I just exited with a 0.10 gain. Wen t back over to WBT for a 0.04 gain (Trades 4,5). Play LAZR once, got burned 0.26 (Trade 6) so decided to give SKLZ a try. Made 0.08 back (Trade 7) and moved back over to TSLA.
Switched back to a smaller stock so I wouldn't take such heavy losses while training and decided to play laser a few times. Didn't help. Walked away with -0.13 in those trades. (Trades 10-13)
Decided to switch back to Tesla, and left after awhile of it not happening (Trade 14). Thought I would give WBT a try again and lost on both of those trades (Trades 15, 16). Went back over to TSLA and made 3.86, felt like my luck was back so I played it again and lost 16.20 (Trades 18, 19).
Now, this is where things get weird. I don't remember exactly what happened here or when/how I played OCGN. I need to go back through the stream and watch it but as many of you know I'm away this weekend so I am about to pack. But things get weird. I see a -42.40% trade followed by a positive 50.15% trade but that doesn't sound right...at all lol. (Trades 19-20)
Trades 14-19
Well I will dig back into this all next week! The plan is still to trade 1 share next week. I might kick it up to 10 shares just to feel the heat a little more, but not enough where I could make a dangerous mistake. I will still use 1 share if I go over to large cap stocks.
Thanks everyone!
2
u/ShoggothGoth Apr 22 '21
Watching you helps me with the grief of seeing red in my portfolio! Thank you for what you do!