Dam Show OFF! Did you hold for the $50s or get top tick. Brilliant play, incredible execution! There is not enough Xanax or Valium for me to play SHOP. What do you take to come down after these crazy option trades, gummies or vodka?
Why I remain BEARish despite fed pump April 9th
- Thread starter KCalhoun
- Start date
Dam Show OFF! Did you hold for the $50s or get top tick. Brilliant play, incredible execution! There is not enough Xanax or Valium for me to play SHOP. What do you take to come down after these crazy option trades, gummies or vodka?
I like your trading style because you don't need ulcer medication or drink after trading. After twenty years of trading, do you still have any emotions after making good trades or do the bad ones only draw them out?
Thanks, great points.... agree re small size reduces stress, I don't give af how any one trade works out since low risk. Downside is it's a lot more work, but worth it..
Emotions, as long as I follow my rules I don't get too ticked off... I feel sad if I lose 500 or more in a day, happy when I'm up 1k or more... it's a grind, numbers game..
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It worked out great, as I closed out most positions with trailing stops early afternoon yesterday, ending up slightly over 1k up on the day. I went mostly cash into the close.
Sincere thanks, your nudge re time to cash out the winnings was right on the money!
Bought small SQQQ SDOW aftermarket just now, bought small TVIX UVXY end of day. Will buy much more tomorrow premkt if futs still down.
@Ken, looks like today was a break-even on the above trades or maybe a chance to sell/close those positions today - if not, will you tomorrow Friday without carrying them over the weekend?
or when you had the confirmed buy did you put in the sell order along with a stop loss?
what are your stops usually ... 10%, 20%, 30%?
or when you had the confirmed buy did you put in the sell order along with a stop loss?
what are your stops usually ... 10%, 20%, 30%?
Right re breakeven day, I was in and out several times, I both swing and daytrade them.
If they gap up I'll buy premkt, will hold over weekend, size depends on trend strength end of day. Stops vary widely based on trade size and type