I've been treading water. This market has been frustrating for me.
I have tried various techniques for trading all this volatility and news:
Giving plenty of room. I took some big losses. No real big winners.
Using stop/limit orders. Recipe for big losses.
Taking big positions to get big moves. I trade too scared.
The spreads are so wide, I don't want to use stop/market orders.
The antidote for ALL of these is smaller position size, patient timing, tight stops.
FAST OPTIONS TRADING. Fast in/out. Apply trading rules like CLOCKWORK. Have a day. Sleep at night. This is my personal trading journal*.
Popular Posts
-
Market is extended down. Not my best climate bc usually my setups are pretty played out and I'm not good at reversals. Plus, Friday and ... -
After a multi- multi -week losing streak, it's nice to have another sizable winning day (albeit on small account). A+ lesson is to pres... -
I've been treading water. This market has been frustrating for me. I have tried various techniques for trading all this volatility and...
-
Sometimes I get feedback that this trading journal is very harsh. I guess it is. Especially when I get out of the habit of journalling eve...