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Thanks for all the advice. This one particularly struck me, that my enemy is not the market, rather it's my emotions. Thanks for that, I'll try to have a solid plan next time and stick to it.taggard wrote:pay attention to your emotions here--the problem is not holding or not holding--the problem is how you feel. if you have a clear plan when you get into the position exit is fairly clear. win lose or draw--try to figure out how to learn--not feel something too strongly. in other words--the problem is not the trade--but the fact that you feel this or that about it--this can be offset by planning so that action is clear when the time comes.ibopm wrote:Does it make sense to close my (december) calls right away right now? As a newbie, I'm a little scared.
next take a deep breath--everyone has forgotten the jobs report tomorrow until about 60 min from now--and the idea that in effect nothing has changed other than the germans have even more pressure on them as they are being thrown down upon.
finally look at current price action--all we have done on qqq is bounce off the 20 ema daily.
deep breathing--focus and concentrate how how to avoid this situation next time--by carefully considering whatever flaws there are in this trade this time--as opposed to asking others for advice (we don't know most of the time either)
Cobra wrote:very strong rebound which makes me wonder: are we going to close deep in green?
Maybe a typical thur,open red close green..Lets seeCobra wrote:very strong rebound which makes me wonder: are we going to close deep in green?
stu what r spoos? spy/spy proxies?? thxstucap wrote:Right about now is a good time for a big red stick or at least a volume spike. Honey badger loving some Spoos right now. Constant bid pushing, pushing. pushing.
S&P e-mini futures aka "ES" aka "SPOOS"Al_Dente wrote:stu what r spoos? spy/spy proxies?? thxstucap wrote:Right about now is a good time for a big red stick or at least a volume spike. Honey badger loving some Spoos right now. Constant bid pushing, pushing. pushing.