Tuesday, February 25, 2020

SPCE nms = loser

The daily setup on SPCE looks so juicy and I stabbed at it. Earnings today/after, so maybe I shouldn't expect the move today.

Went for puts, initially, with very tight stop. First trade -8%
Then I flipped to calls, which is what I liked initially for daily chart. Rode those, added... for a long time. Didn't take my chance at 10:05, then stopped below lows. Didn't trade like clockwork. I gave it room. I shouldn't be so kind.

Shown below, 2 rt trades.










In addition, I opened 1 2/28 28 put for earnings lotto. UPDATE -53% on lotto put.


Popular Posts

  • total chop city!
     Market has been very hard to trade. Maybe I could figure out how to just stay out of these messy things.
  • 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...
  • 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 ...