Even though this options (learning) gig allows me write while I have a trade working – and not be staring at the screen all day … TODAY is a good example of how the intraday movement gave me an opportunity to get in BUT I missed it. Now I haven’t yet looked at the options chains to see what I might have had or how much might have moved (maybe not much) but with the wide range day it is easy to have the feeling – that very common feeling in trading – that I MISSED IT!
The easiest thing to do would be to jump into the trade.
But, luckily, I learned a LONG time ago NOT to do that. June is still a LONG way away (I think).
Hmmmm… maybe this options gig isn’t so psychologically different than pure directional trading after all. That is what Mike W. told me!