Thu 11/22/2018 05:53 ET
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User - Profile - singhtelecom   

User ID:singhtelecom
Joined:16 yrs ago
Posts:25338
Reputation:959
Watchers:209
Watching:248
Portfolio:0.00%
Blog Score:135883
Fav Blogs:1302
Fav Msgs:12
Logged In:Yesterday
Donation:
Amount:$20.00
When:3 yrs ago
Total:$115.00
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Location:
Chicago,
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Forum Host:
Worst Trade MisIake Ever Made
Confessions From Real Traders
FDA & CLINICAL TRIAL CALENDER
FRUSTRATED / SOLD too EARLYYY
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hollands pad
Stocks For A Different Jungle
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Wall Street Pit
Wall Street Hot Shots
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Personal Description

Mistake 3: Not having a definite exit plan prior to expiration

You've heard it a million times before.  In trading options, just like stocks, it's critical to control your emotions.  This doesn't mean swallowing your every fear in a super-human way.  It's much simpler than that: have a plan to work, and work your plan.

Planning your exit isn't just about minimizing loss on the downside.  You should have an exit plan, period - even when things are going your way.  You need to choose in advance your upside exit point and your downside exit point, as well as your timeframes for each exit.


Message Postings
ForumSymbolMessage Preview / SubjectDate (ET)
Wall Street PitXLRNAcceleron Phama $XLRN testing lower end of range, strong weekly trend #IBDpar...11/21/2018 06:54
Wall Street PitCTSHNov 30 call strike 70 vol. 4000 what is cooking eom11/16/2018 11:19
Wall Street PitKhashoggis Last Words Revealed As Turkish Media Plans To Publish Audio Death ...11/12/2018 04:57
Wall Street PitSYMCEO Greg Clark talks to Bloomberg about the rumor that Thoma Bravo approached ...11/10/2018 03:46
Wall Street PitTLRYU r the best : ty Re: 28.6 Re: TLRY Nov 9 2018 110 Call (Weekly) 2.45 eom11/07/2018 22:25
Wall Street PitFBBe cautious 11/05/2018 09:07
Wall Street PitPACBWho is buying 38000 calls 7.50 strike .25c ? eom11/02/2018 12:14
Wall Street PitAs soon as headlines came . Everything tumbled eom11/02/2018 08:42
Wall Street PitFXIWhite House official tells CNBC 'long way to go' on China trade talks eom11/02/2018 08:41
Wall Street PitACADPositive data phase MDD eom10/31/2018 07:02
... See More (1 PC) ...

User Feedbacks
FromFeedbackDate (ET)
Bender24 (Rep: 175)Does a wonderful job of alerting option volume and potential plays. Have made money on his calls, a must follow!01/27/2018 01:18
msgreenacres (Rep: 504)HAPPY HOLIDAYS! Love, MsG12/11/2016 13:13
efbailey (Rep: 1750)EARS nice early alert even though my ears missed it ;)08/18/2016 02:41
msgreenacres (Rep: 504)BMRN Stellar Alert!07/07/2016 14:35
msgreenacres (Rep: 504)SPHS First to alert! Thank you!06/10/2016 08:41
... See More ...

Portfolio Transactions
SymbolStatusTypeBuy PriceBuy TimeSell PriceSell TimeTarget PriceTarget Time
AMPEActiveBuy4.1401/14/2015 12:52----
SUPNActiveBuy5.9605/17/2013 06:42----
MNKDActiveBuy4.4305/10/2013 11:42----
PLUGActiveBuy0.1402/15/2013 13:46----

Blog Submissions
Blog TitleSourceDate (ET)
Early Strength (+3.4%) Attributed To Speculation Of Hyundai (HyAsia Times Online06/29/2018 07:53
His 2nd One Was Idix Linkbioworld.com06/20/2018 04:58
Has Top-Secret Plan To Build Domestic Robotmarkets.businessinsider.com04/23/2018 09:08
Investigation Linkservices.globes.co.il12/04/2017 07:59
Merger With Great Companymelinta.com08/09/2017 09:23
... See More ...

Favorite Posters' Messages
ForumSymbolMessage Preview / SubjectAuthorDate (ET)
Wall Street Pitin 7 months on 98% winners, no newsletter, no books, just simple rulessantelli09/18/2009 20:50
Wall Street PitRe: looking to get short around 2:20 today any ETF bear tickers would b...desaikun07/14/2010 07:53
Wall Street Pit--------------------Stock Screeners DD List-----------------Links Attachedspeculator05/08/2010 14:47
Wall Street Pitworks fine, i already got the # 1 GURU in there santelli03/30/2010 12:01
Wall Street PitCRe: Options Screeners - Schaeffers has an options screenerTheNextGoogle03/09/2010 18:59
... See More ...

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