krosch11 said:
FJ after pages and pages of reading your posts im getting the first inkling on playing your game.
35% gain on 428 puts and then flipped it to the 430 Call. Probably exited a little early here but I'm not in a place to monitor closely the rest of the day.
Fun application of the lesson.
Can be tricky and tough trading right now. I had a rough couple of weeks with crap discipline. These last few weeks have been sporty.
Went back to blocking and tackling. For me anyway its all about capital preservation and locking in gains. Take as many 15, 20, 40, 60% gains as I can and cut losers quick. Just buy back for crying out loud if I took a small L.
If I could make 20-30% on every trade and make my normal number trades a week, I would have to usurp 30k and change my handle to $30,000 Billionaire.
But that I am not....
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11