Solid advice. Unfortunately you can’t teach or advise the above, it has to be learnt buy a smack in the face most of the time . Lol
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2019 Go Big
- Thread starter Wolf1992
- Start date
Solid advice. Unfortunately you can’t teach or advise the above, it has to be learnt buy a smack in the face most of the time . Lol
You are probably right, but what irks me is that society (you and me) have to pay the price of stupidity by others and their misfortunes and failures in life. Sometimes it saves us all more money by keeping stupid people from hurting themselves than letting them go ahead. Examples: uncollectable debt factors into higher costs for all, uninsured people, who are suddenly appreciating emergency rooms that they can't pay themselves, cost us all billions, cost those people should have paid themselves via health insurance.
Solid advice. Unfortunately you can’t teach or advise the above, it has to be learnt buy a smack in the face most of the time . Lol
My first day is as follows
Spx call option +750
Amzn call option -250
Spx put option -200
Started the day with a nice profit. Later in the day, amazon amazon looked like it was making higher lows on the hourly chart, but it was nothing so I got out as I noticed some weakness on the buying side towards end of day. I took the opposite side of my amazon bet and the trade started to work, then pulled against me. I was trading from my phone and had no other indicator s to judge off, so i cut a small loss, then the market pulled back hard only a moment after. I was right on the trend, and i stuck to my stop loss principal, that will protect me in the long run, so i feel good about it. Overall one day in the books and up 3%
Spx call option +750
Amzn call option -250
Spx put option -200
Started the day with a nice profit. Later in the day, amazon amazon looked like it was making higher lows on the hourly chart, but it was nothing so I got out as I noticed some weakness on the buying side towards end of day. I took the opposite side of my amazon bet and the trade started to work, then pulled against me. I was trading from my phone and had no other indicator s to judge off, so i cut a small loss, then the market pulled back hard only a moment after. I was right on the trend, and i stuck to my stop loss principal, that will protect me in the long run, so i feel good about it. Overall one day in the books and up 3%
I think your first post should read you WORKED for a major finance firm, which is why your borrowing 10K and attempting to go on your own.
What ever it takes comes to mind!!
Yes love the spirit. Go big or go home!!
Ok.
Next set of trades
Spx put -200 (stopped out)
Spx call +200 (stopped out)
Spx put -80 (stopped out(
Spx long credit spead +35
Total day performance -50
Total performance: +250
In 3 days my net return is 2.5%. today I felt like I over traded a bit. Gonna step back next trading session, I need to be patient with my setups instead of chasing around the 1 and five minute charts daily, I'm gonna wait on the hourly timeframe for my setups to develop
Next set of trades
Spx put -200 (stopped out)
Spx call +200 (stopped out)
Spx put -80 (stopped out(
Spx long credit spead +35
Total day performance -50
Total performance: +250
In 3 days my net return is 2.5%. today I felt like I over traded a bit. Gonna step back next trading session, I need to be patient with my setups instead of chasing around the 1 and five minute charts daily, I'm gonna wait on the hourly timeframe for my setups to develop