-$291 Loss
WMTLong Option
Dancemyth721

very very poor discipline. Followed online alert for this trade - thesis was looking for a bounce play as $SPY was at range support (low at $407). 1st mistake: got in a trade b/c someone alerted & wanted to try thesis, but entered w/o set R:R. Allowed stock to fall past week lows, and $SPY to keep dropping "hoping" for a bounce. 2nd mistake: No discipline in cutting losses quickly. 3rd mistake: ADDING to a losing position. Bought 10 shares at .13, then 10 at .1, then 10 at .07. Wrong wrong wrong

000
DatePrice
Entry6/9/20220.127
Exit6/9/20220.03
  • Total Views30
  • Position Size30
  • Percentage-76.38%
  • Option TypeCALL
  • Strike
  • Expiration

Charts

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