Market trade 4.1.20
Pointers:
Market rallied 3 days last week. Friday down. Monday Up. Tuesday down big. Wednesday pointing down.
1) Bitcoin at to 6.2K again, No position for now
2) S&P: 2.3K, Dow 21K,
3) Monitor XEBEF, tanked to 2.54 again after 2.73 high, tanked to 2.03, tanked to 1.89 then to 1.5. 1.37 was lowest point back to 1.37 now up to 1.93. Back down to 2.06. $3K position at 2.06 (bad move)
Down to 3K from 13.5K in January
1) Today will be red day
2) Need to strategize so little money left
Actions:
No day trades. Webull maybe
1) Calls
Apple - sold
Microsoft - hold
TDOC - barred sold
2) Puts
Darden - to sell at open
Bought spy put
3) Stocks
MSFT - sold - swap to Zoom (sold) and TDOC (held)
ALK - hold
DAL - hold - dont sell
XEBEF - hold - don't sell - sold half
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. Understand there's no more volatility
DO NOT BUY before EOD on options
Watch ticker till last hour if buying for EOD
Don't play options today unless for day trade purpose
You can't time the market.
Market rallied 3 days last week. Friday down. Monday Up. Tuesday down big. Wednesday pointing down.
1) Bitcoin at to 6.2K again, No position for now
2) S&P: 2.3K, Dow 21K,
3) Monitor XEBEF, tanked to 2.54 again after 2.73 high, tanked to 2.03, tanked to 1.89 then to 1.5. 1.37 was lowest point back to 1.37 now up to 1.93. Back down to 2.06. $3K position at 2.06 (bad move)
Down to 3K from 13.5K in January
1) Today will be red day
2) Need to strategize so little money left
Actions:
No day trades. Webull maybe
1) Calls
Apple - sold
Microsoft - hold
TDOC - barred sold
2) Puts
Darden - to sell at open
Bought spy put
3) Stocks
MSFT - sold - swap to Zoom (sold) and TDOC (held)
ALK - hold
DAL - hold - dont sell
XEBEF - hold - don't sell - sold half
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. Understand there's no more volatility
DO NOT BUY before EOD on options
Watch ticker till last hour if buying for EOD
Don't play options today unless for day trade purpose
You can't time the market.
Comments