Trading as an art form

That being said, today was interesting. I've been playing for a bounce since last Monday which obviously didn't work well, I got my ass handed to me every day last week. Today I made it all back plus some...and I sold way too early. It's the big days that matter for my trading, and this is one of my biggest ever.

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Nice job Dustin. I still make those mistakes damn near every day. But as long as those mistakes still fit into a positive expected return, trading life is good. Say hi to Corey and Szeven for me.
 
Another great day, I love when a plan comes together. Lightspeed doesn't mark open index options correctly at the close (cash settlement), but those are worth $49k plus the closed +$59k is around $108k for the day. There aren't any 0dte for me tomorrow so not much to do now until Wed.

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Hi Dustin, Lightspeed Trader uses the Mid point until the close then reverts to last sale. I can't explain why but I think it has to do with our old clearing broker. Your equity and clearing sheets will still use the correct mid point. We have a risk tool available by request on the portal that will show an accurate gross P/L. Ask for the Sterling Risk Monitor(SRM) to be added to your portal ID.

Dustin said:
Another great day, I love when a plan comes together. Lightspeed doesn't mark open index options correctly at the close (cash settlement), but those are worth $49k plus the closed +$59k is around $108k for the day. There aren't any 0dte for me tomorrow so not much to do now until Wed.

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Robert Morse said:
Hi Dustin, Lightspeed Trader uses the Mid point until the close then reverts to last sale. I can't explain why but I think it has to do with our old clearing broker. Your equity and clearing sheets will still use the correct mid point. We have a risk tool available by request on the portal that will show an accurate gross P/L. Ask for the Sterling Risk Monitor(SRM) to be added to your portal ID.
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Thanks for the info, it's easy enough for me to calculate the end result without the SRM.
 
Dustin said:
Another great day, I love when a plan comes together. Lightspeed doesn't mark open index options correctly at the close (cash settlement), but those are worth $49k plus the closed +$59k is around $108k for the day. There aren't any 0dte for me tomorrow so not much to do now until Wed.
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You trade index derived 0dte's on Monday-Wednesday-Friday, and add in equity derived on Friday. "So not much to do until Wed." means you are an observer only on T & Th? Do you trade on Tuesday and Thursday? Thanks for this journal, Dustin. Lots of good ideas between the lines.
 
Rams Fan said:
You trade index derived 0dte's on Monday-Wednesday-Friday, and add in equity derived on Friday. "So not much to do until Wed." means you are an observer only on T & Th? Do you trade on Tuesday and Thursday? Thanks for this journal, Dustin. Lots of good ideas between the lines.
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Tuesday's are my slowest day of the week because there's nowhere to find the r:r I want. Thursdays are at least near the end of the week so I can trade 1dte on individual stocks. Monday/Wed are dedicated to index/etf 0dte. Friday I will trade everything since it's all 0dte.
 
Dustin said:
Tuesday's are my slowest day of the week because there's nowhere to find the r:r I want. Thursdays are at least near the end of the week so I can trade 1dte on individual stocks. Monday/Wed are dedicated to index/etf 0dte. Friday I will trade everything since it's all 0dte.
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Thanks Dustin
 
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