Things i learn from 3 months of options trading

USE STP FOR STOPLOST
Follow Rules 20% TP 10-25% SL
BRKB bad decision, lack of volatility, go for pure monthly
Manage Stop closely
Manage Lost, don’t keep double up (KEEP CLOSE TO 15-20%)
Find better entry, Use RSI
Wait for First candle at open
Be patient, decide direction, wait for opportunities
NO OVERNIGHTS
Never open trades on Thurs night… WEEKLIES EXPIRING, Only trade Friday on Friday
RELOOK INTO SIZING, MAX 20%/10% for weak trades
When double down look for 10-15%
THURS night again don’t enter new trades.
Never short Tesla. AAPL
Double down, lack strenght, take 10%
Bad fundamentals on tesla, should never trade
Never earnings play again..
PLEASE CHECK ALL YOUR ORDERS.
BE PATIENT
NEVER STRADDLE
CHECK FOREX FACTORY FOR NEWS
DON’T DOUBLE DOWN, TAKE LOST, Double down make it hard to take lost
WEEKLIES 15% tight lost. NO MORE futher
TRUMP SAVE THE WEEK! Lucky me
CHECK ORDERS BEFORE SLEEP!
IMPATIENT CAUSE YOU 2k profits
Market slow, be patient
No trend, no trade
PUTS week
*Yellen, money flow to EEM
*DON’T DO BRKB, do spy instead
Don’t touch BABA
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