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
-
It's been a tough week. Monday holiday. Tuesday huuuuge loss day. Wednesday and today chop for miniscule gains. Tomorrow I'll need t... -
Two green trades today. On LI, I waited and it went well. On MU I jumped too soon, waited with bag in hand, still did ok. I do like how I e...
-
Did I think I could resist a trading day? Am I addicted? Maybe? It just seems too easy to sit down at my desk for a few minutes and squeeze ... -
Losing day today, to end my streak of 14 consecutive winning days. I traded like clockwork. I like all my picks. I like how I managed them...
