Market Trade 3.18.20
Pointers:
Market up 1000 points and now down 1000 points.
1) Bitcoin Down to 5K, No position
2) S&P: 2.6K, Dow 21.5K,
3) Monitor XEBEF, tanked to 2.54 again after 2.73 high, tanked to 2.03, tanked to 1.89 then to 1.5. No more hold
6.8K start
Actions:
Accidentally bought 2 apple calls instead of one. Cut Fedx losses (too early). Do not follow if you don't know. Will get bared from 90 days day trading.
1) Calls
2) Puts
3) Stocks
Bull: S&P, DJIA - to sell by end of day
Bear: TVIX and SPXS
Hopes:
1) Keep an eye on Tesla, SPCE and Plug power. Perfect for day trades. Plug reporting this week
Learnings:
1) Timing : Don't buy puts after historic drops. Don't buy call after historic rise. Buy reverse EOD after reverse. Don't buy reverse early of the day
DO NOT BUY before EOD on options
Do not cut so soon on spike up. Watch what you buy
Market up 1000 points and now down 1000 points.
1) Bitcoin Down to 5K, No position
2) S&P: 2.6K, Dow 21.5K,
3) Monitor XEBEF, tanked to 2.54 again after 2.73 high, tanked to 2.03, tanked to 1.89 then to 1.5. No more hold
6.8K start
Actions:
Accidentally bought 2 apple calls instead of one. Cut Fedx losses (too early). Do not follow if you don't know. Will get bared from 90 days day trading.
1) Calls
2) Puts
3) Stocks
Bull: S&P, DJIA - to sell by end of day
Bear: TVIX and SPXS
Hopes:
1) Keep an eye on Tesla, SPCE and Plug power. Perfect for day trades. Plug reporting this week
Learnings:
1) Timing : Don't buy puts after historic drops. Don't buy call after historic rise. Buy reverse EOD after reverse. Don't buy reverse early of the day
DO NOT BUY before EOD on options
Do not cut so soon on spike up. Watch what you buy
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