Thanks for reading this. My biggest problem is not getting out of losing trades fast enough… like those calendar put spreads I just bought on June 3rd – UGH! It’s hard to adjust when the market does such a volatile about face. I’m actually a fairly adept trader, so what I meant as a bear trade turns into a bull put calendar, and I will dance around for the next 6 weeks hoping to sell enough premium against my long put, whose value nearly evaporated in a heartbeat, just to get to break-even. Sorry, was that a run-on sentence? So when I’m wrong on a trade, instead of just getting out quickly, I often waste a ton of time and energy in my fight to get even. I found a crisp looking copy of your book “TurtleTrader” on my bookshelf yesterday, and was shocked when I opened it to find I had underlined things in it. My brain must be going, as I didn’t recall when or where I got it, and didn’t recall reading it. Looks like I didn’t make it to the end, but I’m going to carefully read every page this time, I promise!
Have a good weekend!
Don’t promise me, promise yourself!