Good Trading Day
Entered spy at 473.19 closed out of trade at 474.53 solid entry was long bias post christmas things
contract that I used was bad since it was otm 476 it did not move as I wanted and only gained 4 dollars at exit I now know that I can use contracts with 10 delta in spy but have to use a week away one now I know for sure and I can move forward with that info
I entered a tsla trade with market moving and it consolidating at 1090 range entry was around 1092
exited at 1097.25 lost 2$ on this trade but was a good entry and good exit and would've been profitable on a higher delta
I then scalped it for 4$ not really good trading but it was trending level 2 and spy moving were factors there
MSFT I entered microsoft on a consolidation at the 339 at 10:18 mark exited at 340.17 technically a profitable trade if equities but since options I lost 4$ on the trade my entry wasn't bad but I need to develop a quicker strategy to utilize short term trend for 5 and 1 minute candles have been thinking about using a 10 and 5 for short term so I don't fall victim to 1m fakeouts will develop the 10 5 strat today and backtest accordingly