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Bad trade where I let my emotions take over. I was looking to make up for yesterday´s loss (1st mistake), did not get out when my pattern broke (2ndmistake) and I added to a losing trade (3rd mistake). Three rookie mistakes that have "danger" written all over them. All of these come from trading too big. My system is solid, but I cannot control my trades if I cannot control my emotions. Time to trade smaller.

Can´t win them all. Bad trade today, where I took a less-than-optimal setup and definitely paid the price. I am not happy particularly because I held and hoped WELL past the point where my pattern broke (at least I had not hit my critical Stop Loss). In any case, this is my second loss of the month. I was definitely too confident and while I trust my system blindly, I must keep risk management in mind. Trade smaller for now, especially until I further develop my risk tolerance muscle.

33.33% gain. Bad, emotional trade. I did not take my average gain near my goal. Instead I set a limit order a bit further up and let it run. It almost cost me a loss. The price took a long time to pop above $250 convincingly, and it could have broken down when the SPY had that hiccup. When in doubt, get out!

20.65% gain. Good standard trade; caught at the VR, sold at the BB. When selling, got half position filled on the first wave and half on the second one. Having to wait to get completely filled did not feel good! I am sitting at a 90.90% win rate in August (80% in July), but I will not let it get to my head. Every morning I say to myself that this is the day when my winning spree could finally be over. Best way to keep things flowing naturally.

Small 5% gain. While the graph was nice, the option price movement was ugly and sluggish. I aligned myself with the SPY, got an OK entry, but this trade did not want to work well. Not all of them are going to be smooth. Got out for a small gain as singles do add up. I love how I am closing my sluggish days with a small win rather than a small loss.

CCI + MACD. This play was ALL about waiting for it, for the right setup to appear. Not crazy about the time of day (11:07-11:17) but I absolutely nailed the entrance. I, however, continue to leave money on the table by never ever scaling out. Got out right when the option price started to go flat so great place to close the trade, although I want to start scaling out. This sets me at 80% win rate in Aug so far, and 80% win rate in July.
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.