Most of you already know my ideal charts and rules. But for the new followers- find a method & rinse/repeat.
My main method- trend lines and channels. Entry at trend lines, cut below trend line. Is this foolproof-NO. This just increases my odds of a winning trade.
ALWAYS
$SPY Knife cost me ~800 I doubled down on VWAP for a nice 3k bath. smacked puts to recoup. Felt the tilt coming in so I shut it off.
Lack of discipline is to NEVER be rewarded. I remember the days when my account was less than this. This is trading I have nothing to hide.
I’m definitely gonna be a little hesitant to go long on $SPY below $443.16. Keeping an eye on it here. It’s been a while since I’ve posted. Hope everyone is doing well!
@Thomas17732097 @EllisDillinger Spy was on a tear, had the volume, and bullish chart. In the back of my head I kept thinking, this is not sustainable, and it kept me from trusting the chart. I kept trying to catch the top. I know better. I’ve been consistent for a while until last 2 days.