OPTIONS TRADERS CO-OP

[jmbar2]

Whew! Finally got out of my losing trades from last week.

Learned some hard lessons over the past week.
- Don't leave the desk without putting in stops
- Cut my losses early. Hoping that it will go back up soon is not a strategy.
- I'm not a good enough trader yet to trade in short time frames.
- Take small profits instead of waiting for big ones.
- I put too much of my trading capital into these trades. Broke my money management rules.

Guess I don't have my discipline down yet. But I did manage to salvage more of the trades than I thought.

So my bad trades are all closed, and I have some cash to start over.

Tomorrow is another day.