Here's exactly why I swore off trading on Fridays: Today I sat down for "one little trade" 🚩 and while I did get one little green trade, I then did my usual flotz and went in for more. No charts today, but AXP for nice opening gain (big spread, cut it WAYYY too short). AMD both ways to dig a pretty serious hole and back out of it. Closed the day down a smidge after a miraculous recovery, and it's 2:30 and I haven't started cooking. UGH!! Wasted my day and mental capital for no gains.
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
-
If I'm praying over a trade, if the only hope I have left is Divine intervention, I'm not following my plan. While I do believe tha...
-
I stepped into a big risk zone past 3 days. Loaded my "on hold" cash into the trading account so I can trade much more. I don'...
-
Great clockwork trading day. BABA was the one that got away. I tried 2 entries, got a smidge for myself, but missed the big move. No regrets... -
Daily setup : relative weakness, surge failure, nms Entry/play : preempt ndl Management : trail stop. Only one put so when it got close to...