Lesson Stop against a real pivot.
FAST OPTIONS TRADING. Fast in/out. Apply trading rules like CLOCKWORK. Have a day. Sleep at night. This is my personal trading journal*.
Thursday, April 2, 2020
NFLX -5%
NFLX relative strength when market is turning. I like my entry. Stopped out on a flush and it eventually did go to my target near day high (and then ndh). Examining the stop placement, I considered putting it much tighter, or bit farther. Bit farther would have kept me in. Bit closer would have been probably a flat trade.
Lesson Stop against a real pivot.
Lesson Stop against a real pivot.
Popular Posts
-
Wrecker of the day was the UAL puts in the open that I tried to get too cute with, way too big, too much room. Put me above my max loss bef... -
Today's goal: Focus on really good trades. Not sloppy stuff. Get in, get out, walk away. I moved 75% of my cash out. I'm trading bab... -
I think the uptrend is cancelled. I think today was "a day to take notice" in the indexes to the downside. Other recent days to t... -
Since ath April 7, I've had a string of losses. I reverted to old bad habits to try to dig out of the hole, of course making it worse. ...