It's not just the money, it's the psychological damage.
Was definitely a hard day for picks today, inside day of a massive down bar. Not much setting up. So, what do I do, especially on a Friday? Go slow. Go small. Take my piece.
Shabbat shalom.
FAST OPTIONS TRADING. Fast in/out. Apply trading rules like CLOCKWORK. Have a day. Sleep at night. This is my personal trading journal*.
Friday, June 12, 2020
+10% day and beautiful +60% week-over-week, but...
But last week I had a very damaging loss day, in addition to 3 other losing days. So I spent this entire week climbing back out of the hole and still $300 shy. It's not worth trading beyond max loss.
It's not just the money, it's the psychological damage.
Was definitely a hard day for picks today, inside day of a massive down bar. Not much setting up. So, what do I do, especially on a Friday? Go slow. Go small. Take my piece.
Shabbat shalom.
It's not just the money, it's the psychological damage.
Was definitely a hard day for picks today, inside day of a massive down bar. Not much setting up. So, what do I do, especially on a Friday? Go slow. Go small. Take my piece.
Shabbat shalom.
Popular Posts
-
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...
-
I follow and admire the trader Mark Melnick. His Newsbeat trading room (of which I am intermittently a member) and his YouTube Newsbeat vide...
-
I really struggled this week. I traded terribly. Kept trying to make it back. When will I learn this lesson?! Clockwork is the best way for...
-
Daily setup : Gap up, but looking for a fade. Market gapping up, but so technically damaged from Friday that I don't think the gap up wi...