$SPY $SPX $ES our exhaustion indicator buy setup on the weekly marked the bottom. Now we have a weekly sell setup
I donโt love trying to call tops but the action today and yesterday was notably a bit weaker for the high beta names
Caution
@trader_mwp Same bro. I splurge on some tech stuff like I got a new MacBook Pro and some headphones but would not like to spend anything major. I have a manual Fiat 124 convertible I love driving. Hard to find stick shift in Canada these days
Taking medicine today. Something like a 15% drawdown over the past 2 days. But realistically the only thing that made it very bad was overtrading this morning trying to slap on new positions after I sold my swings
I had in my pinned post earlier in the year that I would not die by a thousand papercuts anymore. So it's time for me to take it very slow from here
@steve2bacon Same. Largest loss ever for me which is expected as my account grew. But I could have kept it much better contained if i went cash in the first 30mins [which i did] and then closed my broker right after [which i didn't]
@trader_mwp Thank you bro. I have to keep my money in here, there's a lot more compounding I need to do before I'm happy. I will try not to do anything stupid
@trader_mwp Started the year at $244k, i think the highest close I had was on Monday at about $890k with an intraday high over nearly $940k
In May I made $460k
Not sure the math on it
@trader_mwp Started the year at $244k, i think the highest close I had was on Monday at about $890k with an intraday high over nearly $940k
In May I made $460k
Not sure the math on it
@dweller27984 always a drawdown at some point that's right. Just have to keep it contained. If I stay within 20% of my high watermark, I should be able to recover without too much difficulty. But it depends on the market condition how long that will take
@steve2bacon Yeah absolutely cannot complain at all. Drawdown large because i trade options so they get nuked so hard. From gains one the first red day. I can make decent returns using commons now so I'll be doing that mainly once I feel comfortable putting on new positions to the long side
@steve2bacon Same. Largest loss ever for me which is expected as my account grew. But I could have kept it much better contained if i went cash in the first 30mins [which i did] and then closed my broker right after [which i didn't]