$SPX Trade on Jul 6, 2022 09:35 from christinaho: Tradervue User Stock Trades.

This morning, there was not much movement pre-market. Some stocks were slightly up and some were down. SPY was basically flat at the open, so I was just watching. I wanted to enter a call because of the strength the previous day. SPY did pump for the first couple of candles, but I missed my opportunity to get filled. Obviously, today was another tilt day. It was not good. I did not perform well, and the only reason why I ended green for the day was because of pure luck. I was down at most about $2.7k at one point and held through the FOMC minutes. I broke EVERY SINGLE one of my rules today. I was stopped out at the first trade I took. This frustrated me a little because I "missed" a chance to profit from a call contract at the open but did not get filled. I did not change my stop loss for this trade which is good. For the second trade, I switched to a put contract. I had the chance to sell this one for about $300 but did not. I then panic sold for about $100 profit as SPY started to wick and show strength. I was now down about $220, so I was looking to enter another trade to make back my money. I did not step away from the desk at all, though I had thoughts about doing so. I chose not to because I did not want to "miss out on an opportunity" This was the first rule break. I then switched back to calls, and of course got stopped out again very quickly as my entry was rushed and this was not an ideal day to trade good price action. After I got stopped out, SPY pumped and I would have been in profit from the trade I just sold. I was now even more frustrated. I looked to enter another trade now, with the back thought of maybe stepping away but my tilt was too strong. The stock came down a little, then had a strong green candle that broke right above VWAP. I entered another call at 10.30 as it came down which was a little unusual for me because I usually buy at 12.00. For this contract, I did not open it as an OCO order because I "expected" it to go up and work in my favor. This was my second rule break.The stock began to dump, and I was now down. I was even more mad at the point. Here comes my THIRD rule break. As SPY stopped dumping and began to range, I averaged down and bought 3 more contracts at 4.90 (this was all that was left of my buying power). I "needed" this trade to work. My fourth rule break was I entered a new trade while already being in a trade. My fifth rule break was I sized a position that exceeded 1200. I was at around 2k size. I quickly got into profit at the point but did not sell as I wanted to make back more of my lost money. At this point, I am very emotional. I gave Ryan a signal to enter SPY calls at the same time I got in. I was convinced this trade would work. SPY began to go up and down, but overall trended down slowly. I decided to hold and hold. I even averaged down again for 1 contract at 3.30. This was literally all that was left in my account and my trade position size was now at 2.3k in total. I watched the chart all day and went from -2k, -1.9k, -1.7k, -1.4k for the day, etc. The point is, I should not have allowed myself to be down this much. As SPY never made the move I was looking for to the upside, I decided I was going to hold this through the FOMC minutes being released at 2pm. I was getting theta crushed, and I obviously knew it, but still held. As the data came out, I had a chance to sell to end my account around -900 for the day, but I did not sell again. SPY then dumped below VWAP. I was now down the most I have been for the day. -$2.7k. I was losing hope and had intrusive thoughts. -Thinking I was a failure, and how I never thought this would happen again but it did. SPY and SPX then pumped out of no where. I sold all my contracts for a profit and ended the day green. THIS WAS ALL LUCK. DO NOT MAKE THIS A HABIT. (See physical journal for notes on mentality and rules)