The truth is, I was overly confident on Wednesday with Boeing stock. I had some nice gains on it on Monday and Tuesday and I thought I was the sh*t. Needless to say the stock market humbled me really quick. I chased the put options with huge size because of FOMO and greed. I was immediately down -50% on my position when the stock reversed with intense buying volume. I closed Wednesday with a bloody loss.
I was making the day trading beginner mistakes I preach so many others not to make. I got too cocky and too greedy too fast and I totally deserved the loss. I have no problem sharing these losses with you guys watching because these recap videos will help me keep my own trading discipline in check. This was a huge learning lesson for me. The moment I thought I was better than the market, I got HUMBLED. :(
Posted Mar 17, 19 6:02 PMbyHumbledTrader
Categories
7 Lesson Sunday
Tickers
BA
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