Good-ish morning

Having a big down open is nice when since I had 5 short positions and no longs. But that only makes it a good-ish morning.

I closed the SPY put and the WMT call yesterday. Both were questionable/dumb trades. I think I made a dollar on WMT and nothing on SPY.

Got stopped out of USD/JPY. I'll see what happens and might re-enter later.

This morning ADM is down big. It's bittersweet because although I bought the put at 1.10 and sold it 7 trading days later for 1.95, it has a bid of 2.60 now.

This is still one of my biggest difficulties with trading. When I have a winning position I'm usually too aggressive and get out if it starts to go against me in the smallest way.

It seems like I broke 2 of Tim Knight's trading rules.

One of the things I noticed when reviewing my trading from last year was I closed positions too early, and in many cases they would have made a lot more money and not gotten stopped out. Because of this I consider myself a better technician than an trader.

From now one I'll only exit via stops. Altough it is some consolation that got short on Jan. 6 which was a great entry.

Anway, I'm short SRCL which looks like a weekly chart of death.