Market Trade 3.2.20
Pointers:
Market down hard globally 5 days in a row. Unsure if market will be down today. Chinese data is down but chinese stock up
1) Bitcoin at 9.2K, position trimmed to 5K
2) S&P: 2.9K, Dow 25K,
3) Monitor XEBEF, tanked to 2.85 then to 2.61 then to 2.26 now. Lexagene at 0.68
Actions:
Prepare for day trade Tuesday. Sell TECS and SPCE once profit. Monitor CCL
1) Calls
TECS - sell
GLD - hold (recover profit then rebuy different point when market is up)
2) Puts
SPCE - sell
Hopes:
1) Keep an eye on Tesla, SPCE and Plug power. Perfect for day trades. Plug reporting this week
Learnings:
1) Timing : Always balance your portfolio. First time all calls positioned no defense or put
Market down hard globally 5 days in a row. Unsure if market will be down today. Chinese data is down but chinese stock up
1) Bitcoin at 9.2K, position trimmed to 5K
2) S&P: 2.9K, Dow 25K,
3) Monitor XEBEF, tanked to 2.85 then to 2.61 then to 2.26 now. Lexagene at 0.68
Actions:
Prepare for day trade Tuesday. Sell TECS and SPCE once profit. Monitor CCL
1) Calls
TECS - sell
GLD - hold (recover profit then rebuy different point when market is up)
SPCE - sell
Hopes:
1) Keep an eye on Tesla, SPCE and Plug power. Perfect for day trades. Plug reporting this week
Learnings:
1) Timing : Always balance your portfolio. First time all calls positioned no defense or put
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