@FlowbyBobby I am not touching my account today for the rest of the day. We already had multiple clean bear bull runs and made enough to close the lid with a smiling face ๐
@FlowbyBobby I humbly disagree, sensei. R/R is highest at deflection points and the manuals said multiple times to take entry at those price points. $7550 was a clean long entry that was visible from morning.
@FlowbyBobby I took a small put after your post. It was at a double top, and the put made sense there. It was at 25% profit once, but I didn't close. Then I closed at 25% loss. Your post was right; our risk management was poor. Should've taken the profit or set a stop loss at breakeven.
@FlowbyBobby While I stopped sharing on X because it impacted my concentration, joining Owl posts has been the best decision I've made. I view your posts as a valuable and crucial resource, and it's working really well so far. Keep up the great work ๐
@tr1shul_trades Double, of course! I tried futures before. It hugely hampered my day-to-day life. I prefer to stay out of trading after 4 PM. Futures is not my cup of tea, lol!
@tr1shul_trades What I meant is riding a car in a single gear in every road condition won't work. I'll switch to credit spreads once the market settles down. But for now, simple calls/puts are way more effective than credit spreads.
@tr1shul_trades I agree with most of the part, but credit spreads in this news-driven market are not a wise thing to do. I am also doing credit spreads extensively, but haven't touched this in the last two weeks. With such bullish markets, much more profits can be made with simple calls/puts.