The Bottom Line:
- Trader takes a put option at 18870 and quickly exits the trade.
- Struggles to get filled multiple times on different orders for puts and calls.
- Manages to make $30 profit on a trade even after hesitating.
- Experiences slow market action and decides to wrap up the trading day.
Taking a Put Option at 18870: A Quick Exit Strategy
Taking a Put Option at 18870: A Quick Exit Strategy
I need to scroll back and look at that because I have no idea when I even got out. Alright, well, I’m already out there and we’ll look to try to trade it again. This time I wouldn’t be interested until up around the 5165 Mark.
Order Placements and Market Observations
I have an order at 1850 here for a put. I really don’t like how it’s just pausing right below or right in front of where I want to get in. Feels like if I get filled there, I might end up underwater relatively quickly. Mentioned earlier that I did options but if you don’t really know much about options or you want to learn more, I offer a free class. I’ll link you to that free class I put together called the Big Basics of Options.
Trading Challenges and Decision Making
Going for a put here at 2130 actually. I bet I can get 21 if I get a little bit of a pop, so let’s go to 21. Turned my back for a second and got filled at 1950. That was wild. So, I’m just going to take $30 on that one. I think that’s going to call it good after that. This is just too slow of action and, um, I guess I won’t say for sure, but odds are I’m done. I’m going to move on with my day.
Challenges with Order Filling: Puts and Calls
Trade Execution Challenges and Market Observations
I have an order at 1650 here for a put, but it doesn’t want to fill me even though I’m on the best bid. I change the order down to 1450 and still struggle to get filled. Finally, going for a put at 1350, ended up getting stuck at 1380, and then out for a $30 profit due to slow market action.
Adapting to Market Conditions and Quick Decision Making
Despite facing slow trading action, I decide to take quick exits and adapt my strategies as needed. With challenges in getting filled and the market moving slowly, it becomes important to be decisive and take profits when possible.
Reflecting on Trading Results and Moving Forward
I wrap up the trading session with mixed results, acknowledging that not every trade will go according to plan. Despite the slow morning and limited opportunities, I remain open to future trading possibilities and stay focused on making informed decisions in the market.
Overcoming Hesitation: Making $30 Profit
Order Placements and Market Observations
I have an order at 1850 here for a put. I really don’t like how it’s just pausing right below or right in front of where I want to get in. Feels like if I get filled there, I might end up underwater relatively quickly. Mentioned earlier that I did options but if you don’t really know much about options or you want to learn more, I offer a free class. I’ll link you to that free class I put together called the Big Basics of Options.
Trade Execution Challenges and Market Observations
I have an order at 1650 here for a put, but it doesn’t want to fill me even though I’m on the best bid. I change the order down to 1450 and still struggle to get filled. Finally, going for a put at 1350, ended up getting stuck at 1380, and then out for a $30 profit due to slow market action.
Adapting to Market Conditions and Quick Decision Making
Despite facing slow trading action, I decide to take quick exits and adapt my strategies as needed. With challenges in getting filled and the market moving slowly, it becomes important to be decisive and take profits when possible.
Dealing with Slow Market Action: Wrapping Up the Day
Trade Execution Challenges and Market Observations
I have an order at 1850 here for a put. I really don’t like how it’s just pausing right below or right in front of where I want to get in. Feels like if I get filled there, I might end up underwater relatively quickly. Mentioned earlier that I did options but if you don’t really know much about options or you want to learn more, I offer a free class. I’ll link you to that free class I put together called the Big Basics of Options.
Reflecting on Trading Results and Moving Forward
I wrap up the trading session with mixed results, acknowledging that not every trade will go according to plan. Despite the slow morning and limited opportunities, I remain open to future trading possibilities and stay focused on making informed decisions in the market.
Adapting to Market Conditions and Quick Decision Making
Despite facing slow trading action, I decide to take quick exits and adapt my strategies as needed. With challenges in getting filled and the market moving slowly, it becomes important to be decisive and take profits when possible.
Capitalizing on Improved Action: Ending with $50 Profit
Adjusting Strategies Based on Market Pauses
I have an order at 1850 here for a put. I really don’t like how it’s just pausing right below or right in front of where I want to get in. Feels like if I get filled there, I might end up underwater relatively quickly. Mentioned earlier that I did options but if you don’t really know much about options or you want to learn more, I offer a free class. I’ll link you to that free class I put together called the Big Basics of Options.
Challenges with Order Filling and Trading Decisions
Despite facing slow trading action, I decide to take quick exits and adapt my strategies as needed. With challenges in getting filled and the market moving slowly, it becomes important to be decisive and take profits when possible.
Reflecting on Trading Results and Future Opportunities
I wrap up the trading session with mixed results, acknowledging that not every trade will go according to plan. Despite the slow morning and limited opportunities, I remain open to future trading possibilities and stay focused on making informed decisions in the market.
