Don't be a bear, don't be a bull. Be the winning trader.
Reduce risk level so I can sleep at night.
- Sold 140 SRS at 33.5. Bought last Thursday at 32.17.
- Sold 90 FXP at 20.5, and 130 at 20.5, bought them last Wed at 22.7.
- Sold IWM May 47 puts at 3.2 and 3.1, bought last Thursday at 2.86 and 2.79 respectively.
- Market closed almost flat, SRS at 31.3 and FXP at 20.2 and even IWM went up, the puts closed at 2.8.
- I will trade less and be more correct than before.
- Now I still have SRS and the naked SRS puts that's underwater, and AZO shorts are underwater too. It's time to try to get these out close to even as possible.
- Not losing is the first priority, then making some money back.
- There is no love and no hate in the market. It's a ruthless world, when you buy, the sellers are dumping to you so she can make money;when you sell, she is buying the cheap shares to make more money. Trust none!
- I lost my trust in the market, in the Fed, in the company, and in the government. There are too many false actions by them to get you.
- I will take care of myself in the future.
