I DON'T DO THIS OFTEN SO LISTEN UP
Might even delete this tweet
I just got some info on some shit that could change your life
You wanna be a millionaire? This is what you invest in
Wanna leave your job? This is what you invest in.
So what is it?
Yourself
Small gain on $NIO. Everything I was watching gapped up, so no immediate entries. Nio came back to my entry so I bought the dip. Held through some more dips, but I didn't think it would go back up. Green is green. #optiontrading#options
Small green day trading $UAL. Got in too soon and held through the draw down. Made my exit just before closing bell. Yikes- I don't want to do that again. I have to enter only when the stock hits my target. React and not anticipate. #OptionsTrading
Absolute nailbiter on $AFRM. Crazy price swings. I held on my option from 5.15-5.85, but my God. Probably should have adjusted my price target before the big drop. Still sstubborn I guess. #OptionsTrading#optionsgang#options
1 for 2 on the day. Took $NIO inside bar break. Got shaken out before the big move. Back at it with $GM. Small win there, but not enough to cover the first loss. Small red day. I still struggle with knowing when I'm being patient, or stubborn.
Small win on $KR. Everything I was watching today took off! I missed all of my inital entries. Friday, I lost on $GPS and made it all back and more on $BILI. 6th small green day in a row for me. Trying to find the elusive consitency! #optionstrading
Small win on $GOLD. On St. Patrick's Day haha! Indicators said this would go. Price action said no since my entry was sloppy. I felt as though I really had to stay glued to the screen- which isn't great. Green is green. #OptionsTrading#optionsgang
No one is going to believe in you or your dream until you've already done it. So... to succeed, you're going to have to work your ass off for a long time, with no applause, no rewards, no pats on the back. The truth is, you have to believe in yourself and own your success.
Tiny win on $PLUG. I've been trading so scared since I took huge losses this month. I need to regain some confidence. Perhaps a series of smaller wins would help with that. #optionsgang#OptionsTrading
This
Everyone talks about not getting attached to losses
Nobody talks about staying detached from wins
If you get really excited or pumped up over a winning trade you need to check yourself
To stay detached from losses you must also detach from wins
Can't pick and choose
$ORCL was on the watch list for a 2-1-2 continuation move. I got in early, and got out early. Still, a nice trade. Feeling a bit better emotionally. Trying to get my mind right everyday for trading. #OptionsTrading#options
Super tiny gain on $BAC. I got shaken out when the price came back down to my purchase level. Didn't want to let a green trade go red. Missed the price jump by like 2 minutes ๐คท๐คท On to the next one.
@tradingchik I enjoy your trading psychology posts. My biggest struggle right now is defining the difference between being patient with a trade, and being stubborn.
This thread! ๐ฅ
Some very ๐ behavioral characteristics that separate the winners from the losers.
Very relatable to trading but also to everyone, everywhere, in any profession.
Destroyed. Took a trade I shouldn't have because it never reached my levels. I was chasing. Paid the price. My whole good week is erased. I need to be better.
Went after $PFE again on a continuation trade. Another small win. I'm trying to switch my mentality to focus on smaller wins. This will help me achieve my goal of consistency. 1% better everyday. #OptionsTrading#daytrading#options
Day trading options is better for me personally. I took a small win on $PFE. Just looking at price action and making a decision based upon that. Above all, I just want to master my emotions to become a consistant trader. 1% better each day #DayTrading#OptionsTrading#options
I traded a call option on $PLUG. I entered near the pre-market low and exited when it moved red/green. Didn't want to hold this into earnings. Not a bad trade to start the new month! #options#optionstrading