Greetings, fellow traders and investors. Today, I want to share a candid account of a recent trading mishap that serves as a valuable reminder of the importance of adhering to one’s trading rules and principles. Even seasoned traders can find themselves straying from their well-established strategies, and it is imperative […]
Author: tradermedic
2023 – A Year In Review
Let’s be clear. This last year was not a good year from a P/L point of view, but an excellent year from a learning point of view. While I initially believed I could become a consistent, profitable trader in 3 years, I have reset my goal timeline to 4 years. […]
2022 – A Year In Review
One of the hardest things in trading, is reviewing your mistakes and admitting your faults. 2022 was my second full year trading. Overall, I made a lost, albeit much smaller than my first year (2021). Still, there were months where I was up a lot, only to loose it all […]
LOSS: Lack of trade management
Today was a small but tough loss. Why? Because I made a mistake, and missed out on some serious gains. I did many many things right, but one mistake took away all my potential gains and also left me with a loss. Recently, I’ve been making some great trades (which […]
WIN: 41.93% gain on Disney PUTS
Today was a great day, because I followed my risk management strategy and made some serious gains. Underlying Stock: DISVehicle: PUTSThesis: Sympathy play with NFLX (which had just tanked due to poor subs growth) BTO: JAN28 22 140 PUT @ $3.100 STC: JAN28 22 140 PUT @ $4.400Gain: 41.93% Nice […]