Daily setup: nms
Entry/play: entered day 1 on surging above box
Management: I bought high and it reversed immediately.
Didn't stop bc I was in too big. spreads too wide. (I should turn this into a song) . I held it like an idiot for 4 days until I was lucky AF to get out above water on day 4.
Psychology: I can't even say bad here. It was really messed up mentality in every way.
LESSON. Aside from the other previously known/learned/ignored lessons or intoobig/spreadstoowide, This option, WAY in the money on expiration day, had close to ZERO volume. The spread was 25%+ just in the spread. Impossible to get filled.
This whole trade was a bucket of luck poured over asinine behavior.
Popular Posts
-
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...
-
Market has been very hard to trade. Maybe I could figure out how to just stay out of these messy things.
-
In November I was featured as a speaker by the DC Traders Meetup. The video has been posted. See it here 0:00 into / overview / risk warni...
-
Risk control trading 0dte options. I can only loose 100%. Sounds terrible, but position size is the ultimate risk management. With time, I k...

