Painful down day. Didn't trade clockwork. Didn't stop at max loss. Took home an oversized (green) position.
My week is over except for seeing how these AAPL calls play out.
I was on such a roll, account at all time highs. Overconfidence = pain.
Review the principles of clockwork trading:
SMALL position size
Tight stop is the right stop
Pay myself first.
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
-
Bigger down day than I would have liked, but still super green week. Most important is self-discipline and clockwork, and I was about a B+ o...
-
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... -
UBER nice gap up today. Base isn't so clean, but the gap cleared several levels and all eyes on it. Market has been really strong for ~... -
I'm trying to focus on taking only perfect setups. Yesterday TSM was a great setup, but I jumped too fast, held too long, and then after...
