OK, we have options expiration and quadruple witching behind us. Any gains you had last week, or any losses are all in the past. A new week of trading is before us and what happened last week as no bearing on what will happen this week. So let's stay focused on our trading plan and be ready to react to the signals that we get according to that plan and not make up anything. A positive attitude without any biases about what will happen will put us in a successful mind frame to do what we need to do to be successful as traders.
On another note, I've begun digging in this weekend to spend the next 6 months to really understand options and how to use them in my swing trading. I've spent the last 18 months really focusing on learning the disciplines for my day trading and now I'm moving on in my education to options. I look forward to any advice, tips and instruction regarding options that you may have. Good trading everybody.
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TradeLogger - equity curve management
TradeLogger is a FREE program that helps day traders and swing traders minimize the drawdown in their equity. Close to 2,000 traders are now utilizing TradeLogger's easy-to-use interface to log their trades' profit and loss and receive a clear, consise signal whether their next trade needs to be a LIVE trade or a SIM trade. This is all based on how well their equity curve is performing.The benefit of this program is it saves you capital when your trading performance experiences periods of drawdown while in a losing slump, whether it's due to the skill of the trader, or just lack of follow through from the market due to market mechanics.
You can download at www.TradeLogger.net.
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