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25,048,087 Views | 233821 Replies | Last: 2 hrs ago by Ragoo
BaylorSpineGuy
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Glad you like it! Not sure which flower….I know gin is from juniper trees but that's it. I like to drink gimlet's and I'll mix it with rossms sweetened lime, a fresh squeezed lime, and I add a splash of St Germaine, all on ice. Very nice beverage.

Nolet's is my favorite gin, and it's not close. It puts the others to sleep IMO.
irish pete ag06
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AG
Man I really suck at this right now.
Charismatic Megafauna
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AG
Nice I'll have to try a gimlet. I mostly drink gin in g&ts and martinis. It's hard to mess up a bombay g&t
irish pete ag06
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AG
I've become indecisive. Nothing like when I was on my green streak. Don't take profits fast enough, don't cut losers quick enough.

It was like I finally broke 80 on the golf course then shot over 95 the next 2 rounds.
$30,000 Millionaire
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AG
Towns03 said:

30K, what's your latest take on $ARIS?

they had a great boost this week, then a 25% chop today...


I exited at 22. Trade is over for me. What's your entry?
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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irish pete ag06 said:

Man I really suck at this right now.


I had a red day today too. Green week, so keeping on keeping on. Keep trucking bro.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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AG
$AMD.

Just my two cents that this needs to cool off some. I will probably buy back the calls. I thought long and hard about selling ITM calls but decided not to cap upside at current prices.


You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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irish pete ag06 said:

I've become indecisive. Nothing like when I was on my green streak. Don't take profits fast enough, don't cut losers quick enough.

It was like I finally broke 80 on the golf course then shot over 95 the next 2 rounds.
A little secret is to learn how to move your stops up with options.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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AG
For example, you probably want to be out if you make a new LOD. In general, if you catch an up trend, you can move your stops up to be the opening price of the prior bar, 1 min or 5 min depending on your strategy. You'll get nasty moves that stop you out, but this is mechanical and it is harder to lose this way, but you can maximize moves.
You don’t trade for money, you trade for freedom.
Lake08
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Lake08 said:

Bought 3000 LYFT then sold the Aug 5 17.5 callsThe premiums are insane


10% in two days
Bob Knights Paper Hands
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I was green this morning but still red for the week. I really fd up yesterday.
$30,000 Millionaire
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Here's an execution example of what I was talking about. I realistically would have entered at 7.5 and exited at 10. This is 0 DTE right before close, therefore you don't give anything an inch of room.


You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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Here is an example of one that didn't work out today for me. Normally these types of setups work, or at a minimum, they give you a graceful exit.

10 contracts at $12. Stopped out at $10. $2K down the toilet.

The stop however, was the right call. It never got back to entry price. Losing is part of the game. What I want you guys to see is that the setup failed. Therefore I was out!


You don’t trade for money, you trade for freedom.
ProgN
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FJ43
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Really appreciate your post and transparency. There are many different approaches to trading but most have several bedrock principles in common.

If I can help in any way don't hesitate to DM me. I'll at least give you my redneck approach, some resource direction, personal strategy/disciplines lessons learned.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

irish pete ag06
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Here's my 2 cents. I've been trying to learn options since May of 2021...

Start SMALL. No matter what type of trading you decide to do. START MICROSCOPIC.

My account I started with in May was way too large for me to be learning on (it was still tiny).

Some people say paper trade, but I can't do that. I cannot take it seriously enough unless I have real skin in the game.
FJ43
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Congrats OA! I understand the long process you just went through.

Next chapter......
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

FJ43
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Don't know about y'all.....but....


I like when 30k is going to take a break from trading and the board.

Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

irish pete ag06
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Yep, I was doing fine without hard stops 2 weeks ago when I was on my green streak. This newfound apprehensiveness to take an L (lack of discipline) means I don't need to trade without them.
ProgN
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I'm feeling so burned out right now. I imagine the heat wave is the main reason, but I need to get away.
BaylorSpineGuy
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The noticeable lack of near soft core porn on here had me worried about you. Hope you get much needed R&R. If you come to DFW, maybe we could go and chase that white ball for a bit.

Need to do a TexAgs golf outing anyway…
Lake08
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Guys, I've been lurking on this site for a while. I know the regulars here are very knowledgeable, however, when u on a cold streak, scared money never wins. Be confident in your research and go for it

Best of luck.
ProgN
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Thanks doc
$30,000 Millionaire
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ProgN said:

I'm feeling so burned out right now. I imagine the heat wave is the main reason, but I need to get away.


Hence why I quit my job and am doing only what I want and when I want for a while.
You don’t trade for money, you trade for freedom.
oldarmy1
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AG
ProgN said:

I'm feeling so burned out right now. I imagine the heat wave is the main reason, but I need to get away.


No Prog! You let the sell off get you to a place where you're now burned out, when the trading has been the easiest. What did I try to teach everyone? That once the markets turn, and you are able to trade against the left side of the charts, it's the easiest money you'll have available.

We closed the lowest macro cups which means consolidation and some uncertainty. My tweets told you that was coming and expect this back and forth. Happens a million times, almost every time.

It also means the easiest money making are over, but stage 2 breakout will also have great opportunities, even if not as easy. You got this!
ProgN
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Thanks chief, but it's not the markets. It's real life obligations that have me in a rut.

I can't follow you on Twitter, but it's nice to see you pop in here once in awhile.

How's Pop and is he still schooling you on catching fish?
Ragoo
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AG
Find a new and different hobby. I train. I'm not fast but I get 100 miles running and 200+ miles cycling done each month. Riding my bike now.
Seven Costanza
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AG
Quote:

The noticeable lack of near soft core porn on here had me worried
This made me laugh out loud.
oldarmy1
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Oh now you're just getting nasty!


oldarmy1
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irish pete ag06 said:

I've become indecisive. Nothing like when I was on my green streak. Don't take profits fast enough, don't cut losers quick enough.

It was like I finally broke 80 on the golf course then shot over 95 the next 2 rounds.


You have not become indecisive, the markets have. You made money because markets had broken out, and now they are consolidating. All that I said to Prog is applicable here.
ProgN
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I knew that post would ruffle your feathers. Nice catch btw.
irish pete ag06
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Freedom!
irish pete ag06
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This is true… although I was at my best when things were a bit range bound… being bear biased and trying to catch the perfect put option play has been what's smoked me over the last 6-7 trading days.

And thank you for posting more!
bmoochie
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This has been me to a T the last week plus. Trying to catch that correction and ignoring the trend. 80% of my plays have been puts and I have been taken to the woodshed
Brewmaster
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Ragoo said:

Find a new and different hobby. I train. I'm not fast but I get 100 miles running and 200+ miles cycling done each month. Riding my bike now.
Amen, brother. I suck at running, so I usually aim for 400 miles on the bike a month. Typically I ride more in a year than I drive I'm straight addicted to Zwift racing. I need to do some crits or something in the real world too.

I'm riding Real Ale Ride in October. Who's game!?
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