Daily setup: Gap above high flag
Entry/play: Trade above opening minute bar, using NEXT week calls.
Management: Initial stop below day low. Quickly move up to someplace more comfortable. Initial profit target 20%. Bracket order didn't execute like I expected, so I deleted and manual entered. Then squeezed stop on the rest.
Psychology: Beautiful. Strong opening move, I jumped on, got my piece. And peace. Now I have the rest of my day to be productive.
Wednesday, September 11, 2019
Popular Posts
-
Was down small, and then the SPY trade got me up small. I didn't hold UPST long enough. I was in for only 1 contract, to make 20%. Cou...
-
Was up nicely on my account today at one point. Then got "cute" and tried nms on (guess...?) 0dte SPY. Gave half back. Worth it? ...
-
Risk control trading 0dte options. I can only loose 100%. Sounds terrible, but position size is the ultimate risk management. With time, I k...
-
Clockwork trading going along steadily this week. No wild swings emotionally or in the account. I like it like the old days, where I grab ...
