Put Spread before CPI

Dec 12, 2022

 

 

 

As you can see my entry and exit above, it's another reminder as to how emotional and small timeframe our trades are and us mentally as day traders. 30 minutes after my entry I had a decision to make, sell some call as we are pushing back towards my original entry or wait for it to push under $3935 where I would have then bought some long $3925 puts to quickly hedge and hope for a bounce to add calls or take off the long calls for a profit and make back some or all of tested put spread open pnl. 

... glad I didn't hedge with calls

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