This is really helpful context for me Steve. I didn't line up
the waves with what I was trading, though I will be considering it
the next time for when something like that happens. I did
reposition on the dip and did fine as the day progressed, though
certainly didn't sell the majority as I thought maybe we would have
a gap and go type day to the downside and particularly thought my
one instrument would as it is so extended.
When the low held, I still could have sold more even if the
price was a bit higher as I trailed. Shows how powerful being
convinced of an outcome can be. Really tough to do in real time. I
am set up really well risk/reward wise for the coming week again
with my trading. Can't complain really as I had an ok day and
learned something today. I learn a lot being here. Thank you and
the community.
Shout out to Arun for helping me with a chart while I was on the
move in the airport. Really glad to be here supporting my friend
and his family during this time.
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This is really helpful context
Chance to redeploy hedges?
Posted by fundamentalvalues on 6th of Aug 2022 at 07:30 am
This is really helpful context for me Steve. I didn't line up the waves with what I was trading, though I will be considering it the next time for when something like that happens. I did reposition on the dip and did fine as the day progressed, though certainly didn't sell the majority as I thought maybe we would have a gap and go type day to the downside and particularly thought my one instrument would as it is so extended.
When the low held, I still could have sold more even if the price was a bit higher as I trailed. Shows how powerful being convinced of an outcome can be. Really tough to do in real time. I am set up really well risk/reward wise for the coming week again with my trading. Can't complain really as I had an ok day and learned something today. I learn a lot being here. Thank you and the community.
Shout out to Arun for helping me with a chart while I was on the move in the airport. Really glad to be here supporting my friend and his family during this time.