FML
TODAY'S GAIN: -$35,000
My posted, REAL-TIME TRADES WERE TRASH -- Today's whipsaw caused me to go on tilt. I wasn't disciplined enough to keep my size in control. I kept going bigger, and it kept getting worse. All the revenge trading made me lose a decent chunk of my recent profits. The details were discussed in real-time in the Goonie Trading Discord. Feel free to learn from, or laugh at, my silly mistakes.
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Piper's Picks
A BULLISH signal, 4/5 strength, was generated around 10:45am ET by Piper. The signal was used with various advanced options strategies to score (don't worry, I'll teach you every aspect of the strategy).
Both of these trades hit if held until close -- 2 total units!
SPY Return: +$26 (+100%) per $174 signal cost
QQQ Return: +$24 (+100%) per $176 signal cost
Total Return: +$50 (+100%) -- This could easily be scaled per $350 signal cost
Thicc Matt's Personal Trades
Trade XXX: Whipsawed & Horrible Tilt
As you can see, today was a horrible mess for me. I took a few good trades that unfortunately didn't go my way. Instead of accepting it as a normal part of trading, I traded aggressively to make it back. This almost always ends horribly. Today was no exception for me. Lady leverage made me pay dearly. I share all of this because it's the right thing to do. Trading isn't always pretty. I showcase all my wins, so it's only fair you also know about my losses.
Total Return: -$35,000
Notes
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.
Both of these trades missed.Both of these trades hit if held until close -- 4 total units!
These CCS's were sold at $1.30/ea and were bought back at $0.30/ea -- THIS MEANS MY REALIZED GAIN WAS $1,000!!!
