Shared by
raulanaya1989
Bad trade. Had no trade plan going into this trade.
Plan your trade and trade your plan. Be very disciplined. Im lucky i came out positive on this trade. Could have been a big loss. Stay away from huge tickers until you get a bigger account. At least 100K.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-10-18 10:13:56 | 22 OCT 21 3400 CALL | buy | $53.140 | long |
| 2021-10-18 10:16:42 | 22 OCT 21 3440 CALL | buy | $28.210 | long |
| 2021-10-18 12:51:42 | 22 OCT 21 3440 CALL | sell | $31.260 | 0 |
| 2021-10-18 12:51:52 | 22 OCT 21 3400 CALL | sell | $51.430 | 0 |
Comments
tradingwithmannerz
As mentioned above ^^ second entry was sick. Its hard on the mind trading a ticker like AMZN even for a new scalper or whatever style you trade. Catching accurate reads on the tape + low volume and wide spread can fuck with options very aggressively. Glad you were able to TP for minimal damage - future reference after giant greens like that and the big red followed by the grave stone then tiny low volume red candles this shows weakness in buyers. something like formation of candle sticks we day traders over look them sometimes due to euphoria on a trade. keep a eye on how candles close. Good luck!
raulanaya1989
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second entry was awesome though