Wow! Just when you think you are getting there, for just a few minutes, you break just a few rules – and boy do you pay for it! This was a terrible trade! My thesis was that DWAC would sell of further after a recent spike. I jumped in (mistake […]
Author: tradermedic
Mistake: Bull in a Bear market
Today I was trading USO, but didn’t see the markets turn negative. You can see from chart below that the USO tracks the wider market closely. See the comparison lines! Lesson is to always have DOW, S&P, and NASDAQ on screen to look for a turn in market. There were […]
Mistake: Lack of patience on entry
Today I wanted to share a recent options trade I made, that while successful, could have generated much more profits if I was more patient on my entry, and paid less for the put options. Let me explain… The catalyst of the this short trade was a failed FDA approval. […]
Mistake: Not reading emotions
Today was a mess. I didn’t read my emotions correctly, and ended up making multiple mistakes which cost me dearly. Let me explain… My trade started with a pre-market purchase of EFOI. So I bought in at $3.48 pre market and was happy with the entry as price action soon […]
USO Options Call Trade [Dec 7th 2021]
Hello everybody my name is Julian with TraderMedic.com and today I just wanted to go over a nice long trade i made this morning on u.s oil this ticker symbol USO. I made a nice 20.8 percent gain in just a few minutes and so I just wanted to go […]