Augubhai's notes - Smarts, Guts and Luck

augubhai

Well-Known Member
And have to heard about missed profits due to position not taken? Or missed profit due to move against you? And missed profit due to internet/ system down? Or missed profits due to not trading. :lol:

Happens to me everyday.

But seriously, profit taking is something that i need to address....

I am good at solving problems. Remember, I had a problem with adds. Big late adds were taking more away from me than adding to my profits. Solved that issue 100%. i do not add nowadays :lol:
(Just joking, will come back to adds later. You know, i keep going around in circles)

BTW, adds will not be an issue in my latest trading style - shorting options. Because I use 100% of capital in every trade. With the big margins, that make sense. The number of lots that can be sold are a fraction of lots that can be bought. I am shorting to get the advantage of time decay, even if it is just intraday.
 

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