* buys/covers are marked on the charts in blue, sells/shorts in red *
Started the day badly with $BLFS, could have gone worse, but I really should have known better, it wasn't the right setup, and I should have covered sooner. Then i bought some spy calls on the weak open, at one point i was down $1k, but I added and it bounced back, and I made a nice profit. Made two dozen other trades, below the ones over $200 profilt/loss are listed.
Finished up $300.
Trade Highlights:
$BLFS -$650 - it actually was looking like a tomahawk pattern yet now that i'm overly biased I longed it. Again I wasnt quick enough to cut losses, at least i didnt let it turn into an epic loss and stopped at -$650
$SPY 198 Calls +$1000 - this is quickly becoming one of my best gainers, however I need to improve on my risk management and cut losses quickly when it goes against me. Too many times I hold and hope, so far it worked, but one time it will stop working ... and then i'll give back all these gains. The swingy nature of it (knowing it doesnt expire for a few days/weeks) gives a false sense of security that it is ok to hold as it could very well bounce back eventually ...
$TWX -$215 - dropped quickly on me and I was busy with some other trade, totally avoidable loss
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