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Option Howie

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Option Howie

Re: kraigger23 post# 5283

Friday, 08/26/2016 2:58:14 PM

Friday, August 26, 2016 2:58:14 PM

Post# of 5424
Learned 2 valuable lessons today.

Number one. Wait for the move to happen. I was right in the PCLN drop. But I ANTICIPATED the move and entered too early. When I realized my error I averaged down knowing it was gonna happen. And it did and by averaging down I got out even. Only lost commission. Feeling really good about that!

Number two. BE PATIENT! Kraigger you preach this but rarely do we follow. Today I was patient. Was down 75% at one point but was confident that it was only because I was early and Friday premiums crushed me. But I stayed with the trade because the chart said I was right. And I was rewarded with my most valuable lesson to date. I about lost my mind watching it. But I'm glad I did it
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