Chapter 3 Trading journal #133–07/23/2019 -$86

Options notes:

• Earning week is a different setup. Wait till IV picks, and then get in. This is more like a Mid-day IV crush.
• When I got into IV trap, from now on, the only thought should be how I could do damage control. The moment which is a small loss — is the moment to get out. There is no need to fight and grind for even being breakeven. Many times it will just lead to a bigger loss. So book a small loss, and let it be.
• Today I got in on a spike of very small magnitude. I need to go over the spikes and measure the proper magnitude.

VISL +$20

CHMA -$1

TRNX -$37

Read from the beginning: Chapter 0. What it takes to be a seven-figure trader, and how it all started.

or read my latest post: Beginners guide to trading mistakes. Common day trading mistakes with 50+ charts and examples.

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