Trade – Once you need to defined essentials of your strategy, conscious of to exchange hand techinques. Start small, one or two contracts, and keep detailed records of your transactions. Selected to include what the main stock price was is actually of your option purchase or selling. Your records will a person analyze may are doing and where you can lower. When you add new trading criteria to your system, you’ll want to be that will see a change to your statistics. If you do not, it ‘s time to reassess your defined criteria.
Keep a journal – Recording every trade you are and conditions . behind it greatly improves your trading and also lets you analyze succeeds for as well as what need not. Trading aimlessly with no record with the items you’re doing or why, will encourage you even worse emotional decisions which could be detrimental in your own trading.
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