Looking to unload SPY puts tomorrow, hopefully lower. It's time I form a strict trading policy, ignoring all
individual stocks, after opex I will only be trading Indexes and ETFs, the stocks are just too tempting to
try something big and they end up sideways or something and eat up profits from somewhere else.
I need to have no more than two positions open at any one time. Run concurrent IT swing positions
and daytrades. No more counter trades after this, I wait for, in this case, oversold, even if I have to wait 5 days.
This is dangerous up here, late longs must be prepared for a drawdown if it turns. After today, no way
I would have more than a 10% leveraged position on.
Trading plan
Started by
CLK
, Aug 01 2013 06:08 PM
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