2023-04-26 17:56:46
We hit 2 sets of trades today,
1st set worked perfectly in the presence of momentum and volatility while the 2nd trade hit SL.
The market at the moment is only providing very rare chances to enter and make money, one of such entries is between 9:15 to 9:35.
The options IVs are low, options sellers are missing, there is no clear guidance for the market to follow amid mixed news and sentiments globally.
As an option trader, you either get used to such setup and texture, reducing your expectations from the trade to minimal.
Yes, one-off day in between will be discovered as a trending day where you may feel missed out, but that is where 95% traders fail on controlling their emotions and end up losing their capital by trying hard to make big on every day irrespective of the phase they are trading.
High time, you become conservative with your expectations till the time market does not signal a direction to expect and witness trending sessions.
All the best and Thank you!
750 viewsCheif O (Vinod D), 14:56