Day traded $CVX short today. Which isn't what I'm about these days but on very directional days like this when everything is coming down and I'm clearly not going to be trading swings then I don't mind.

I prefer these sort of Shorts than any other form of day trading. They're quite obvious and the risk is easy to manage. The problem with day trading is you usually need to anticipate the move somewhat unlike swing trading where you can afford to wait for a break of a certain price and you don't have to be in in seconds. In day trading you are on such fine margins that every cent counts. Which is why I find it unsustainable. Never the less here is the trade. I shorted at the top of the bar with the arrow and closed the trade near the bottom of the bar.

Because it's a day trade I am comfortable using very large size (+margin) knowing that I have about .30 cent per risk per share on a solid probability trade. I'm in and out 3 to 1 risk reward. Moving my stop down to breakeven minute after the trade moves my way and peeling into the weakness.

The problem with these trades is they are difficult on "normal" market days. Days like today are not too common.

Sharing out of interest not as advice!