@theblackbox2025@RamanJKota1 Ever consider taking an option and selling a further OTM option once price moves in your favor? I took the 2/13 610p on Qs this morning. Then 15 minutes later sold the 2/13 609p for the same price. Reduced risk to zero with chance to hit $1. Made sense to me with how choppy it is
@theblackbox2025 Last trade didnβt work (admittedly lower quality) and let doubt creep in. I noted the confluence of vwap, r1 and trailing 10m ema while prepping the order. Still let the fear outweigh.
@RealSimpleAriel Couple that with ME conflict and the beating tech took over the past few months = enough fumes to create an allusion of strength.
Look at the 10% sell off week O&G had before the conflict broke out. Feels like sellers lurking until conflict is over.
@mrkstructure 1. Mrkt structure trend following and sell when breaks.
2. Lack of discipline
3. Very frugal personally. The money is the measure stick that determines whether Iβll achieve independence and the flexibility to always be there for family.
$AI some confirmatory price action. Mid-day retest to the low of the open 15min. Rejected. Making a new intra-day low and closing below the 50d would be great.