Going in during choppy market
went in $SPDR S&P 500 ETF(SPY.US$ at sgd2+ position for options. didn't set a stop loss and value dropped all the way to sgd0.82. 😭😭😭 got burned. tried to recoup losses, went in again with some other stock. got burned as well.
Bought $Pfizer(PFE.US$ for uptrend swing overnight with next day expiry. ended well with losses recoupeed.
market opened next day for quadwich, 1st experience. $Pfizer(PFE.US$ position dropped to shit on opening. went back up but didn't not sell 😫. value just kept dropping after that.
tried to recoup but got burned even more.
lost sgd300+ that day for a small acc capital of sgd700.
lesson learnt to never revenge trade 😭😭😭
Bought $Pfizer(PFE.US$ for uptrend swing overnight with next day expiry. ended well with losses recoupeed.
market opened next day for quadwich, 1st experience. $Pfizer(PFE.US$ position dropped to shit on opening. went back up but didn't not sell 😫. value just kept dropping after that.
tried to recoup but got burned even more.
lost sgd300+ that day for a small acc capital of sgd700.
lesson learnt to never revenge trade 😭😭😭
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practical practice : i guess it will be 62 in 1 week time...