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 […]
Author: tradermedic
Mistake: Not Checking Quantity
Today I made another mistake, and it cost me 50% of my profits. The mistake was that I forgot to check “quantity” when I created my sell order for my open options trade. Luckily, the trade itself was green and I made a profit. I am annoyed that I made […]
Mistake: Wide Bid to Ask Spread
Today’s trade was interesting, a short play on ticker EH (Ehang Holdings). Everything went well, and I made money on the trade, but as always mistakes were made and my trading system could be tightened. Below I describe how the trade happened. Today i just want to go over a […]
Mistake: Lack of Patience (Exit)
Today I want to talk about a recent options trade I did. I made a few mistakes, which limited by returns. While the trade ended up being green, I consider it a failure because for emotional reasons, I left a lot of money on the table. I did not “let […]
Mistake: Not Sticking To Daily Loss Limit
Today I was upset with myself. Why? Because I broke one of my new trading rules. Recently, I made a rule “Do not Loose More than 50$ per day, and if you do, stop trading for that day”. However, this morning I entered a trade pre-market, carried it into the […]