Tuesday 3/9/22
Starting a journal here for transparency and to better hold myself accountable on some of the less ideal trades I make. I’ll begin with current positions.
1 - RSX $6p 3/11
10 - VALE $21c 3/11
2 - CEI $2c 3/18
3 - GOLD $26c 3/18
1 - RSX $5p 3/18
1 - RSX $4p 3/18
1 - SLB $44c 3/18
2 - WFC $50c 3/25
3 - WEAT $11c 3/18
4 - WEAT $12c 3/18
1 - HGEN $2.50c 3/18
2 - BBBY $27c 3/18
1 - BBBY $30c 3/11
1 - BBBY $26c 3/11
A couple noticeable mistakes that are completely obvious are 1) I’ve structured my plays way too heavily around what’s going on in Ukraine and Russia. 2) BBBY. Enough said there.
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Forgot to add: Starting balance (2/28/2022) - $1400
Current Balance: $2702.15
Bought a $169c 3/18 for XLY at open to play off of AMZN split.
Followed ur lead and already up a little thanks!
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Ended up keeping my XLY call. Will look to sell tomorrow if it breaks over the 172/173 mark. I did scalp ZIM for about 7% today. Not a good day.
Current balance: $2203.53
Difference of -$498.62
Lost a lot of money today due to RSX and BBBY calls expiring worthless essentially. I did buy 2 425p on SPY when it was around 426.50, and sold them around 423.50 for 109% gain. Done for the day.
Current balance: $2,051.73
Difference of -$151.80
Total difference for the week: -$370.40
Sold 2 SPY 420p for 55% gain
Sold my POS XLY call. Loss of 72%.
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Today’s ending balance (rsx put expired worthless on friday): $1804.44
Difference of -$247.29
Sold my SPY 422c for about 30% profit. Learning to be ok with smaller gains and not always looking for the 100%+
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Sold as much as I could of my port. I’m now back to my starting balance from 2 weeks ago. If I go much further down I will probably reconsider trading 
Farewell all. Failed miserably at trading, not sure if/when I will return. Good luck to everyone on their future trades!
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@ryantrule take a break - but please do come back
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At the end of 2021 I took a 6 week break from trading - it allowed me to refresh my brain, stop staring at charts, and come back much stronger with a healthy attitude. Maybe that’s what you need.
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Come back stronger and calmer, bud. This next 2 years might just be a great loading zone for long term investments and training area for new traders.
We’ve all been there. At the beginning of this year, I sold my Ford leaps for such a big win. I had to step back too.
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I appreciate it guys. I started trading options right as RSX puts became the play. Got an unreal expectation of how to trade. Need to reset my brain a little.
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I’m back and poorer than ever. Picked up a couple WFC puts thanks to momstocks yesterday and pulled out today with 70% gain. I now picked up a few $31c for CWH, 4/8. Looking at the 3 month chart it appears to be hitting a bottom, it’s heavily shorted and pretty low number of shares outstanding. Camping season is about to come into full swing so I am feeling confident this will go up, not sure how far though. Volume also appears to be above average.