AOT Trades Done in December

Hey folks, 

I wanted to quickly do a post to discuss our trades made thus far in December... it has been an absolutely incredibly insane market. 

One of the wildest i have seen since the 2008 stock market crash.... 

IWM is down 10% in December alone! Nasdaq and the SPY are 8% and 7% respectively and we're barely half way thru it!! 

Here's how the AOT trades have fared in this insane market for the month for December: 

Long	MSFT	$110.60	$111	+$0.40	+0.36% Full Size position
Long	GRUB	$82.25	$79.05	-$3.20	-3.89% Half Size Position
Short	MTCH	$39.05	$37.99	+$1.06	+2.71% Full Size Position
Long	AMD	$20.92	$20.95	+$0.03	+0.14% Half Size Position
Long	CAT	$126.55	$128.80	+$2.25	+1.78% Full Size Position
Short	OIH	$17.45	$16.68	+$0.77	+4.41% Full Size Position
Long	AMZN	$1,624.00	$1,675.00	+$51.00	+3.14% Full Size Position
Long	IWM	$142.40	$145.50	+$3.10	+2.18% Full Size Position
Long	KRE	$51.15	$49.85	-$1.30	-2.54% Full Size Position
Short	SMH	$92.40	$91.30	+$1.10	+1.19% Full Size Position
Long	SQQQ	$15.15	$16.13	+$0.98	+6.47% Full Size Position
Long	MCD	$184.75	$180.50	-$4.25	-2.30% Full Size Position
Short	FB	$142.75	$140.00	+$2.75	+1.93% Full Size Position

Long

TZA

$14.10

$14.40

+$0.30

+2.10% Full Size position

It has been a wild market to say the least... basically a mini version of the 2008 crash in many ways. 

A trader's ability to remain 100% flexible and nimble(in other words, willingness and ability to go SHORT even when you feel market is "oversold") is extremely important. 

Obviously most of the big gains have come from Short positions but that doesn't mean we shouldn't take long positions because some long positions did work in December. 

Most of the AOT trades are what i like to call "Over Night Holds"... these are basically "mini swing trades".... only one trade was a DAY TRADE in December(the FB short trade we made today which was good for a +$2.75 gain!) 

For example, there are days when i'd walk into a trading day holding 1 long position from previous day.... I'll then analyze the ebb and flow of the market's conditions for that day, then close the long position and go to sidelines for 1 or 2 hours....

then run thru my scans and see piling evidence that the market is getting ready to roll over to downside, I then have no problem getting back on SHORT side as long as the charts are morphing and charts are shifting direction.... A trader's ability to 100% neutral, open minded and flexible in his/her thinking will likely determine what type of a day you're going to have! 

Respecting stop losses is paramount, regardless what you do on that day... always remember, no trader is perfect and no system is perfect. If a trade doesn't work, respect the stop loss and MOVE ON.... 

NO looking back, no regrets, no hindsight thinking. 

Time is moving, the market is moving, setups are moving, trades are moving, you should be moving too! 

MOVE ON TO THE NEXT TRADE and starting hunting again! 

It's not about being BULLISH or BEARISH, it's about being a PREDATOR, constantly stalking and hunting your next prey!  

I hope you found this post helpful! 

Happy trading !!

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