Thursday, September 5, 2019

WYNN messy/lucky +50%

Daily setup: Gap up off double-bottom, but not out of the box
Entry/play: look to move up against pivot
Management: no fucking management
Psychology: Terrible. First problem was sub-optimal setup. Second problem was spread on option was 15-20% in the spread. I KNOW I YANK STOPS ON WIDE SPREADS. Conclusion: DON'T TRADE WIDE SPREADS. Ensuing trade was a nightmare on wheels. Only by total luck did I come out green here at all.


Popular Posts

  • ADBE on back up system +13%
    Daily setup : Gaping down into/below mess Entry/play : waited a good few min for it to make a ndh then turn down. Small position bc trading...
  • total chop city!
     Market has been very hard to trade. Maybe I could figure out how to just stay out of these messy things.
  • Considering the 100% loss
    Risk control trading 0dte options. I can only loose 100%. Sounds terrible, but position size is the ultimate risk management. With time, I k...
  • Steady clockwork
     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 ...