Friday & NKLA tanked -20%
SPY – UP .29% – $320.79-$321.72
Typical Fridays, nothing too crazy. This whole damn week was choppy. It’s like bro, figure your stuff out.
1st Trade was COMM – I really REALLY F* up this one up. I lost nothing and made only +13% and +7%..wait how did I come up with this? Well…technical error.
HIGH = 155.56%
Actual Gain = 13% / 7%
Instead of buying within my risk management, I hit it double. I was going to let it ride but this was a stock I wasn’t familiar with. I sold half and it sort of got to me on the trade so I exited. More mental prep would help.
2nd Trade was NTNX – So after the COMM screw up, I managed to screw up again with a 7% gain
I ended up buying today (Friday) expiration. I could have stayed but I really wasn’t too comfortable with doing same day since it was more risky. I just locked myself out for the day.
High gain = 236.49%
Actual gain = 7%
*Today was not my day but that’s OK I wasn’t RED and there’s more trains to come.
How to ruin your Friday night…look at NKLA.
Wow that dropped afterhours due to a Common stock and warrants. I can’t really explain it, lacking my knowledge but you can find the information here
I almost bought common shares too just to day trade which I have done in the past. Of course I always have my stops but in this case my stop loss would have not activated due to afterhours. I did have an option call but thank god I took the loss because it broke support. Otherwise I’d be out of the contract.
Summary today:
COMM: +13% / +7%
NTNX: +7%
