These spike ups are having short spikes today. Used a stop loss and it dropped to almost setting it off. After it started back I switched to a Trailing stop loss. Exited in the green
IRIS Recommendation - ran updated report - indicated do not trade, sold for small loss
Good triangle structure consolidation daily intraday range key levels and estimations volume price action power ands staying power. Applied ''Target level or Risk level ONLY''. Not modifying them. Did not work, Cut. Next. Also, had entry at .53 but wanted it at .51 and risk was .48 and had slippage. Happens. Next.
Huge Loss, No risk management tough in options trading.
Entry comments: Used the premium from my Covered call to buy more shares as I'm trying to lower my cost basis and create a theta farm.
I like these small little premium that I get to keep for CCs.
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