OPTIONS TRADERS CO-OP

[jmbar2]

Thanks Roy. Today was my worst day ever. For some reason, I have a bias for anticipating reverals, and ignoring all the contrary evidence. It was very costly today.

On the good side, I finally did pull the plug on AMZN puts, although much too late. So I do have some capital to start over. But must figure out why I am discounting the signals.

I have noticed that you are very fast to bail on a trade that turns against you. I am not yet recognizing when it is within the realm of normal variation, and when it crosses over into a bad trade. Will watch your signals more closely. Thanks for putting them out there.

I am not yet reading signals well enough to trade on days like today. Was this especially confusing for others?



Thanks for your help.