Let me walk you through one trade I took back in February. 
SPCE
Waking up on Feb 25th, I noticed SPCE started tanking due to bad earnings. Recognizing this Head & Shoulder pattern wasn't difficult... At All!
Even though I had just started options trading the week before, I decided to trust my technical analysis opinion and took the trade. On Feb 25th I bought 3 $29 strike puts expiring 2/28 (2/28 the morning we bottomed out at $20).
Waking up the next day (Feb 26th) I sold all 3 contracts for a 80% return as I really didn't want to be greedy. Although as you see I should've trusted my TA and not let emotion come in between me and the bag.
Everything is a learning experience and part of the plan. Keep your head up, trade with confidence and let's get this bread.
SPCE Waking up on Feb 25th, I noticed SPCE started tanking due to bad earnings. Recognizing this Head & Shoulder pattern wasn't difficult... At All!
Even though I had just started options trading the week before, I decided to trust my technical analysis opinion and took the trade. On Feb 25th I bought 3 $29 strike puts expiring 2/28 (2/28 the morning we bottomed out at $20).
Waking up the next day (Feb 26th) I sold all 3 contracts for a 80% return as I really didn't want to be greedy. Although as you see I should've trusted my TA and not let emotion come in between me and the bag.
Everything is a learning experience and part of the plan. Keep your head up, trade with confidence and let's get this bread.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.