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 me to make money. Trade small. Take those $30 partials, they add up. And of course don't pass on a $1000 gain (wtf self?!).
Today I took even more money away from myself. And I traded small. And I took the tiny gainers. And I did well. It felt good. It felt like clockwork. I still have cash in my account, but I'm going to walk away, at least for a while. I want to be done by this time of day (10:20ET). I don't want to sit here and erode it.
I still have 2 open trades from all the pain in the ass lottos I got too cute with this week. All together, they're worthless, <$50. But in case one of them perks up I'm just going to let them ride.
Somehow (Monday) I managed to be up 20% this week, but it's definitely not because I did a good job this week.
Stay sane. Step by step. Clockwork.
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*.
Popular Posts
-
Was down small, and then the SPY trade got me up small. I didn't hold UPST long enough. I was in for only 1 contract, to make 20%. Cou...
-
Was up nicely on my account today at one point. Then got "cute" and tried nms on (guess...?) 0dte SPY. Gave half back. Worth it? ... -
Risk control trading 0dte options. I can only loose 100%. Sounds terrible, but position size is the ultimate risk management. With time, I k... -
Clockwork trading going along steadily this week. No wild swings emotionally or in the account. I like it like the old days, where I grab ...
