OPTIONS TRADERS CO-OP

[jmbar2]

Sold QQQ and SPY from last week at a loss. Sold at the high this morning. Hopefully I can make up for the loss by redeploying assets, without the threat of Theta rot over my head.

QQQ -.43
SPY -.40

I bought too high last week, then the market crashed.
Held over the weekend hoping for a recovery. It recovered some, but not enough to break even.

Lessons:
- Buy low
- Get out faster when the trade turns against me.
- Don't hold over the weekend.

Also incurred a 90-day trading penalty in my Roth account for buying and selling before the last trade settled. Still have two other accounts to trade.

Win some, lose some...