donnapland

Discussion in 'Journals' started by donnap, Sep 2, 2014.

  1. donnap

    donnap

    So, I'm much more confident today, than I was yesterday. In fact, I was hoping that those higher prices would hold up to the open.

    If I'm serious about building size and making (or losing) some money, then I should start trading 2-5 lots with ES options. Playing around with this position has been important to me, and I took it seriously, but it's now kinda a waste of time.
     
    #31     Sep 4, 2014
  2. donnap

    donnap

    Sell 'em back at .36
     
    #32     Sep 4, 2014
  3. donnap

    donnap

    Late yesterday, the position was
    Sell 'em back again at 1.13.
     
    #33     Sep 4, 2014
  4. donnap

    donnap

    Ok, kinda jumped the gun on those trades.
     
    #34     Sep 4, 2014
  5. donnap

    donnap

    Some self-criticism in order. Rookie mistake. Front run the signal. Bad habit. KISS.

    What I did right was admit my mistake and hold out. Some redemption, there. But basically turns a great trade (the call sales) into a mediocre one, at best.

    The Bible says, "The truth shall set you free." Not getting preachy here, but that is universally true. If you can't see, or you ignore your mistakes, then you'll never get ahead - especially in trading - everything else, too.
     
    #35     Sep 4, 2014
  6. donnap

    donnap

    Bar count - 1,2,3,4

    Hey ho, let's go
    Hey ho, let's go

    They're forming in a straight line
    They're going through a tight wind
    The kids are losing their minds
    The Blitzkrieg Bop
     
    #36     Sep 4, 2014
  7. donnap

    donnap

    buy 300s SPY at 200.71
     
    #37     Sep 4, 2014
  8. convexx

    convexx

    I wouldn't do that... mkt heading lowerrrrrr
     
    #38     Sep 4, 2014
  9. donnap

    donnap

    Admittedly, that was supposed to be a scalp using options. Trying to get SPY off the book.

    The dominant feature of the trade is still the ratio spread. That may change soon.
     
    #39     Sep 4, 2014
  10. donnap

    donnap

    Started the day syn. +100s and 5 Sep.12 202.5Cs. Now +200s and -2 Sep 5 200Ps
     
    #40     Sep 4, 2014