I know I can do this professionally, but as I'm learning I need to be very selective with how I trade. I need to not trade tired, trade with too much risk, be okay with small wins, stop chasing homers.

Ironically in the last post I talked about being a grinder. I can get there. But I see a bullish daily set up and it just makes me lose all my risk management.

Really could have been down $800 today for my small account, I was completely at the mercy of the market as I bought on a red candle hoping for the best. Just really not acknowledging my weakness which is market open. Very rarely do I come out on top when I'm increasing my risk.

Maybe I needed to see the other side of FOMO where I was down, held and it came back and I sold for a much smaller loss I was actually okay with.

It's weird being okay with a 3 figure loss but given how bad things could have gone (potential account blowing day) I need to be realistic and remember I'm not trading at my A game especially in mornings with little sleep.

Containing losses is important. I held instead of taking a $600 L because there was some bullish momentum forming. Buying the dip worked this time but it won't always, and that's the inherent risk of playing weeklies for large caps.

I'll brush off this L but holy shit that almost killed my account today. I really could have lost thousands. I was really reckless and I'll take this as my one escape opportunity.

Edit: My philosophy is my P/L will go green for my career when I'm actually ready. Clearly I still have some risk management issues and they are amplified when I trade options.