💰Today was my biggest trading day of 2024, with over $14,000 in realized profits.
📉I took profits on Nvidia early due to uncertainty, but still achieved a 50% gain on the trade.
📊I successfully anticipated a potential gap fill on the SPX and capitalized on it with put options.
😌Maintaining a comfortable position size is crucial in managing emotions and making rational trading decisions.
💪Sticking to my trading strategies and staying true to myself allowed me to achieve consistent profits.
Why did you take profits on Nvidia early?
—I noticed some uncertainty in the market and decided to lock in profits to mitigate potential risks.
How did you anticipate the potential gap fill on the SPX?
—By observing the price action and considering external factors like the Bond auction and rising vix and 10-year treasury.
What was your position size in Nvidia?
—I was in 15 contracts of the 600 calls, which resulted in a position size of approximately $155,000.
What is your strategy for managing emotions and trading decisions?
—I focus on staying within my comfort zone, taking profits along the way, and staying disciplined with my trading strategies.
What made today your biggest trading day?
—The combination of successful swing trades in Nvidia and SPX put options, along with capitalizing on the potential gap fill on the SPX.
00:00Today was an incredibly successful trading day, with over $14,000 in realized profits.
10:41I decided to take profits on Nvidia early due to uncertainty in the market, resulting in a 50% gain on the trade.
12:08I anticipated a potential gap fill on the SPX and capitalized on it with put options, successfully predicting the market movement.
12:25Maintaining a comfortable position size and managing emotions played a crucial role in making rational trading decisions.
12:41Sticking to my trading strategies and staying true to myself allowed me to achieve consistent profits throughout the day.
