More losses. I am proving how good I am at these option plays.
Bought this along the same thesis as previous. Bought these at HOD, waiting for my bias to come true. Eventually cut the trade...energy sector was rocking, despite my thoughts on Trump's comments affecting windmills. Found out this company does much more than just fucking wind mills.
Entry comments: Bought this Wind Mill Energy ticker for downside on more Trump news of disparaging the sector and that his administration will not support this energy device. "No subsidies" = no profit and downside. Overall pattern is already "lower highs, lower lows." Goal is to sell at $67 for the underlying stock.
Exit comments: Quick drop to breakeven at the bell; no worries...then spiked. I did the ultimate no-no and averaged down. Then it spiked some more. Waited patiently throughout the day for a dip down to VWAP...definitely overextended. But it hung out at highs all fucking day and depreciated way too much. Even with markets dumping. Late in the day Blackbox Stocks showed darkpools stepped in with large sums of money holding it up from midday. WORST trade in months. Horrible Risk Management. Way too large
Entry comments: WTF signal
Exit comments: Exited early because something feels off to me this weekend and I don't want to hold much over the weekend.
Stopped documenting my trades on here. Was losing all the time. Did document them on a spreadsheet. Trying something new this week. Only doing swing trades on the big stocks like TSLA and OPTION trades every day if I can find the right one to buy into and ocassionally I will do the trades on spikes. Was trading way too much.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
