FAST OPTIONS TRADING.
Fast in/out.
Apply trading rules like CLOCKWORK.
Have a day. Sleep at night.
This is my personal trading journal*.
Thursday, August 18, 2022
gem of a lesson!
Look back at my trades today. On CSCO I waited and made nice money. On PLUG (a worse setup!) I didn't wait, and lost my face.
CSCO never made the move above 50, but I still had a nice trade. Because I waited and then managed it for what I could get, even if I was disappointed.
PLUG teased the break, then flushed. And I managed it like a stubborn ass for a big loss.