OctWk4 - SPY Market Summary

OctWk4 - SPY Market Summary

If there was a time when I wished I didn't do anything foolish, it would have been OctWk4's trade. I had entered a trade thinking that I had it all covered and that I can't possibly lose two weeks in a row. Well, I guess I was wrong. I lost two weeks in a row.

I entered a trade for:

Call Spread (bad idea!) for the SPY for $176/177 for a premium of $0.04 and at the same time entered a contingent order to cut loss should price be greater than $175.90 (bad idea as well!)..

It was extremely difficult to cut loss because of low liquidity, and so they brokers manually cut loss for me.

Terrible week. I am set back about another week's ROI.

So I decided to write some articles on Helium.com just to pass time, and recover from my sadness.

I usually read this article on computers to alleviate my lack of discipline. I think going forward, I will include a link to an article that I wrote and so as to also share with my readers.

Imagine a World Without Computers