Thu 10/18/2018 18:23 ET
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User - Profile - singhtelecom   

User ID:singhtelecom
Joined:16 yrs ago
Posts:25301
Reputation:959
Watchers:209
Watching:248
Portfolio:0.00%
Blog Score:135878
Fav Blogs:1302
Fav Msgs:12
Logged In:Today
Donation:
Amount:$20.00
When:3 yrs ago
Total:$115.00
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Age:
50-59
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Male
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Location:
Chicago,
Illinois
Forum Host:
Worst Trade MisIake Ever Made
Confessions From Real Traders
FDA & CLINICAL TRIAL CALENDER
FRUSTRATED / SOLD too EARLYYY
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Forum Guru:
hollands pad
Stocks For A Different Jungle
Got Options
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 PitCPHILiar liar pants on fire hahab just kidding e: CPHI AHHH Was looking at this o...10/18/2018 10:47
Endocyte, Inc.ECYTDo you still have these? since my strong pounding at $1.50. eom10/18/2018 06:48
Wall Street PitECYT) announced that it has entered into an agreement and plan of merger with Nov...10/18/2018 06:36
Wall Street PitThey Cut Him Up While He Was Still Alive": Grisly Details Of Saudi Journalist...10/17/2018 09:55
Wall Street PitTSLAElon Musk intends to purchase $20M of common shares from Tesla eom10/17/2018 09:00
Wall Street PitNFLX1,000 October 392.50 calls bought for 1.86 above open interest of 318 contrac...10/17/2018 07:19
Wall Street PitEARSannounced 'positive' results from the second Phase 1 trial evaluating intrana...10/17/2018 07:08
Wall Street PitNFLXNetflix is back on track, boosts price target to $430 Piper Jaffray analyst ...10/17/2018 05:55
Wall Street PitSYMC5,900 weekly 09November 21 calls 0.67 . EPS *estimated* 10/31 after close eom10/17/2018 04:26
Constellation BrandsSTZ$2.40 so far . HE made 3.6 MILLION Re: 5 million trade 38k Jan 250 strike 1.5...10/17/2018 04:07
... 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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