Mistake: Not really sure why I even decided that swing trading options with never having done it before also while being in this zone on NVDA was a good idea. Pretty stupid one in hindsight but I guess thats just how it goes sometimes. If I knew how to trade options better than I wouldve chosen a higher delta and i wouldve only entered at the very end of day on a massive green move that showed resistance. The trade wouldve worked very well actually If I had just taken it on monday at 3:59 rather than holding through friday to monday.

Solution: When swing trading options needs to be a big move or will be worthless in the end. Has to be a massive macro setup in play with a very wide r/r. Also needs to be much more in the money than the contract I chose because the theta destroyed any chance I had at making money, as well as it just being wayyyy to far out of the money to ever increase in value even if the stock did drop

Takeaway: Swinging options sucks. If you are doing this has to be almost like a "daytrade" on the daily chart rather than basically just hoping that it will fall in the morning hahhaha. 

Mistake: Eh I dont really see any mistake besides the second entry. In the first entry I suspected that since we are in a micro uptrend on the daily within a macro backside move, I know the buyers are just sitting and waiting for any dip whatsoever for them to pile in a spike anything back up to levels of "greed." Unfortunately I was just a little to early on this one. Once it failed and had another big leg down I thought that today might be the day where we get a clean move down and sit at lows. Boy was I wrong. We spiked right back up to vwap 

Solution: Trust the trend. Dont get stupid and think that just because we are still at premarket low near 1030 that a reversal cannot happen. Anytime we are in a micro uptrend macro downtrend and are pushing on the SPX NDX DJX it is always safe to assume that dip buyers will show up. It is especially safe to assume this when we had ZERO fakeouts to the upside yet on this rally and we did not break the micro uptrend at all (NVDA did but not SPX DJX NDX).

Takeaways: When we are in a micro uptrend and you want those big demand zone style moves, you have to trust it. Wait for the break, find the retest and go. This was an easy long at 186 which is demand combined with 10m trend retest. Sadly you were in a short at this time so you fucked it all up and were unable to see the long.

Mistakes: ahhh. pain. So I was negative about 30$ when I entered this short at VWAP. I ended up being up 40$ on this trade when we hit that demand zone and 10m trend retest. I contemplated as every second passed if I should take profits or let it ride through lows again. I was 50/50 the entire time and obviously looking back I shouldve clearly taken my profits because that trade ended up going to -$10 after being up 40 and confirming a green day after having 2 decent losers with small size early in the morning. As if that didnt sting enough for some reason I decided that even though we retested and broke out that it was still a good idea to short this thing. annnnd I was wrong. took 4 more trades and all respected risk and all losers. ah, oh well. sometimes you are just wrong and you think you will end up being right and you just arent. Sadly I basically top tick stopped out on the last move where I was only looking for a scalp with a bigger delta contract (about 40 shares) just to reduce damage. stopped out at perfect top (to the exacty penny) then dropped about 1.5/share which wouldve put me close to breakeven on the day. 

Solution: When you start the day out with a massive selloff and you are in a micro uptrend, its always always always always always always always smarter to go for a retest 10m trend break long than it is to chase the lows and expect a break of the bottom. I think I took those extra trades at the end (after the $40 positive that ended $10 negative trade) were basically me just praying that it would fail with really no setup at all. If I want a short like that its hilariously awful to take them in the spots that I did. 

Takeaways: Its pretty nice to see that about a month ago I lost $260 doing this exact same thing and taking way too many trades. Luckily today I lost only 1/4 of that and took only half of the trades I took on that dreaded day. Also I think the first 3 trades I took on the day were actually very very nice and I respected my risk perfectly. If there is one thing I know for a fact, it is that when I catch one of these moves and my risk is respected and I have a decent size contract it will be a very beautiful day. They are coming very soon.