I'm thankful for ending the week positive.
Hard day when starting out with 2 losing trades, first.
1. X puts - stopped out on time/duration
2. X puts - chased entry (bad move) and stopped out on $ loss. I had to override my system (based on indicators) as it was still a hold. Very good thing I did.
3. AMZN calls - just waited for an entry/pullback. Got the pullback, but the entry was chased as when the indices started to move, AMZN moved up just as fast (or even faster). Market indices pullback dictated the exit. A lot of money left on the table as of right now (market still open at the time of this post), but not before giving most of the profits, first. Nature of the beast and I would still close it given the same scenario.
Hard day when starting out with 2 losing trades, first.
1. X puts - stopped out on time/duration
2. X puts - chased entry (bad move) and stopped out on $ loss. I had to override my system (based on indicators) as it was still a hold. Very good thing I did.
3. AMZN calls - just waited for an entry/pullback. Got the pullback, but the entry was chased as when the indices started to move, AMZN moved up just as fast (or even faster). Market indices pullback dictated the exit. A lot of money left on the table as of right now (market still open at the time of this post), but not before giving most of the profits, first. Nature of the beast and I would still close it given the same scenario.