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.
Friday, November 1, 2019
FB toe in the water -24% YESTERDAY
Daily setup: Gap above base
Entry/play: new 1 min high after pb
Management: didn't get a target. Trailed stop.
Psychology: Bummed! another loser. Not painful $ loss, but frustrated my system isn't working.
Entry/play: new 1 min high after pb
Management: didn't get a target. Trailed stop.
Psychology: Bummed! another loser. Not painful $ loss, but frustrated my system isn't working.
Monday, October 28, 2019
MSFT -35%. I'm in a slump
Daily setup: gap above huge base
Entry/play: instead of buy 1min new high, I waited for a 1 min inside bar for a pivot (hm?)
Management: I was looking for few-day run, so I got Nov 15 calls. But it just kept fading and I had to dump it.
Psychology: Bummed. I feel like I'm in a pretty big slump lately. I thought this beautiful setup "had to" behave right, mkt making new all time highs today, etc. Another loser.
Entry/play: instead of buy 1min new high, I waited for a 1 min inside bar for a pivot (hm?)
Management: I was looking for few-day run, so I got Nov 15 calls. But it just kept fading and I had to dump it.
Psychology: Bummed. I feel like I'm in a pretty big slump lately. I thought this beautiful setup "had to" behave right, mkt making new all time highs today, etc. Another loser.
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