Accepting losses is one of my biggest struggles as a trader. I'm sure I'm not alone. Especially green-to-red lossses. Trading smaller is a good remedy, but then I also need to STOP trading. 3 losses in the same day is a sign that I'm not keyed in, or they climate is not right for my system. No reason to chase. Just take the rest of the day off!
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
-
Today what I needed was a day to calm down. The past several weeks everything clicked and I definitely got over-confident. I was trading too... -
MRNA!!! I had a small, rational opening trade on SQ for +26% on the front 2/3 and flat on the back. Then MRNA. I got calls. Then it dropped ...