Replies to post #127573 on SPDR S&P 500 (SPY)

[k9painter]

I had 206 puts at 44 bailed at 60 should have held but profit is profit and that was my target

[risk on]

Better to bail that trade now, than wait. That said , did you buy puts as soon as you bailed calls? Would buying puts in the same exact lane opposite the calls have made money? That's the next level of grit for traders there, and way easier to say than do. Bailing a bad trade is how traders survive and prosper, but committing even further and going the exact opposite is truly throwing emotions out the window, and that's takes real sand to do. I myself don't have it, yet.