Friday, April 9, 2021

BA Friday options burn for a red week

 OUCH! Very big loss day today. Gave up my week. This will be my third red week in 2021. A losing day hurts, but a losing week really disappoints.

Classic overconfidence blowout.

Next week I need to regroup by trading extremely small size. I can't afford to try to press right now.

Overtraded today's expiration on BA, looking for daily breakdown. Got greedy, got smeared. Caps a -10% week. 







I'm going to have to remove a lot of money from my account next week. Maybe even paper trade. 

Market is precarious right now. Super strong non-stop bull on diminishing volume. Feels exhausted/exhausting. Longs not working. Shorts not working.




Popular Posts