Received 57 Karmas
RobertRiggs
RobertRiggs Nov 27, 5:59 AM

Thanks Mark. Great lesson to take a step back sometimes.

mbart67
mbart67 Dec 03, 4:49 AM

Keep Watching, Trading Psychology, wow, how import is that! !!

Pachaboy
Pachaboy Dec 04, 7:11 AM

gracias mark, my selfconfidence has been going down, and i have always been confident but trading is more complicated than i thought

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Holdmytexan

Didn't post yesterday after my $NIO loss, My 101 year old grandmother decided about lunch time she wanted to go to the casino in Oklahoma lol. So I packed up the car and away we went. Anytime she wants to do anything I'm damn sure going to make it happen. I even made a little money this trip and not just on OGI which I'm still holding 200 shares of. Contemplated puts on $NIO being first red day but kinda glad I didn't bite, looking more like possible consolidation more than a dip. So for today no new trades for me just still holding OGI which dipped a little today. I'll be up early Monday because they're supposed to release earnings pre market and I don't want to get trapped if it takes a dive. Have a great weekend everyone and as always stay safe and study up!!

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Holdmytexan

Having a great week so far in trading mainly due to my grandmother having some much better days lately allowing me to spend more time watching the market. I did have to step away and missed closing my HYLN trade out for a 200% gain but still managed 70ish% there. Also bought calls in $NIO with the afternoon dip and turned it into a 50% win along with my TTCF trade for another 50% profit. I took a speculative trade in OGI on the addition of several states passing laws legalizing weed recreationally. Going into tomorrow with the retired mentality because with the recent success I'm worried I'll start overtrading and give all my gains back. Stay safe and study up everybody!

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Holdmytexan

So my last 3 trades were losses and all around the $200 mark. None of them were really bad trades though. First was $TSLA and I was just a day early on it, next was $JKS puts and I was only a few hours early there, and finally $NIO calls. This one just didn't work, I probably caught it right in the middle of consolidation but either way was not timed right. The only thing I would change about any of these trades would maybe be the position sizes and scale them back a bit, but I think they were all pretty solid set ups that just didn't work. None of them stopped me out but they just weren't working. Going to get studied up and ready for next week and hope y'all do the same. Stay safe everybody

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Holdmytexan

Had 3 really good days to end the week even though 2 of them I was traveling. Didn't trade at all Wednesday and had 1 good trade on $NIO Thursday morning before getting back on the road and had 2 good trades Friday while playing with my grandson. I've decided that even though my account is still small, I need to start paying myself for my efforts. So starting this past week I'm going to transfer 25% of my weekly profits out of my trading account. This week that was $155, it's not much and some weeks may be nothing at all but I feel a reward of some kind after a good week is necessary. Not sure how much trading I'll do next week since I'm still going to be in Wisconsin with my grandkids and my son, but I plan on only taking the best plays and probably only in the morning hours. Not doing a lot of studying on this trip either but maybe the break will be good, I feel confident that I know what to do just have to limit the mistakes and control my losses. That's all for now, got another big day tomorrow. Study up and stay safe everybody!

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Holdmytexan

Had a red day today due to forcing trades. The good news is, I followed my trading plans and cut losses as quickly as possible on all 3 trades and none of them were huge losses. The overnight hold of NKLA put would have probably been a better outcome if this wasn't Friday, and the calls I placed in $TSLA and $NIO were somewhat speculative but both were bouncing this morning. None of them worked out and that's fine because it's ok to be wrong as long as you don't stay wrong. Overall a green week after my huge blood bath last week and even in the losing trades today I have positives coming from them. Going to continue my studies over the weekend and get some outside work done before my trip on Wednesday. Stay safe everybody and study up!!

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Holdmytexan

After a frustrating couple of days I regrouped and finished up the week pretty good. Bought the dip in the $TSLA call options and sold way too soon leaving about 200 on the table but I've been burned by it in the past so I took the quick profit. Then my mistake buy of $NIO expecting it to do what $TSLA did and took a small loss. Last I bought the dip on ZM calls way too early (could have saved $150) but was patient enough to sell a little early for another small profit. Overall not a bad week since even my losses were lessons and my account has grown a little. Will look to continue growing as a trader mainly on options into next week and studying the patterns of penny stocks to eventually integrate that into my trading mix. Until then will continue with smaller positions on everything until I become consistent. Have a safe holiday weekend everyone!

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Holdmytexan

Frustrating day today to say the least. Saw the weakness in $NIO and bought the put options and then got scared out mid day with the spike that went to previous closing mark. Coulda, shoulda, woulda bought back in later but was unsure because of that spike only to be proven right on my thesis in after hours when they announced an offering dropping the price more than a dollar per share. Good news is I learned I need to be a bit more patient with my entry and maybe give these over extended stocks another look later in the day after I decide to cut losses. The loss on a potential huge winner stings not as bad as letting the loss continue to run against me as I have done in the past. It's all part of the journey I guess and I'm paying my dues.

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timothysykes

Please congratulate/retweet markcroock on his $26k profit on $NIO and bobbythek & nigelcross09 on their early wins today and especially Sher1320 here https://tim.ly/3lnEF2e on passing $10k in the first month since joining my challenge (don't get cocky, its been a GREAT month!)

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