top of page
Pop_Capital_Logo_PC_WHITE_edited.png
Search

January 21

  • Writer: Rishi Pahuja
    Rishi Pahuja
  • Jan 22
  • 2 min read

+1.93% headed into EOD but I'm writing now to capture my emotions from this morning.


I had a call and 'missed' the obvious move up. I began to look for quick scalps back to the ribbon given it didn't feel prudent to get long.


My first trade was A+. Started with 1 added and exited when I should've.


However, just because there's no prudence in getting long, doesn't open the door to get short. Given the momentum long was the only play but there was no deep pullback - at least in the time I was waiting.


I kept playing for downside and my entries were solid enough that I never took major losses and in 2 instances I actually exited where I said I was. How/Why? I would be more pissed about not exiting and taking a large loss, than not exiting and actually getting green.

Ultimately each individual trade does not matter. All that matters is avoiding the large loss.


Then later. I did get short at the right setup. But, I hesitated and took a shit entry. Despite being very small in size, I did not accept the loss and so was very quick to take profit. Not the worst thing. But, it was THE setup. Far from the hourly. Extended from the 10m. 3m21e lost, flipped and held as resistance. There was no reason to exit for a while. This is my setup and I need to 1. wait for it. 2. see it. 3. act on it. 4. let it run.


Having said all that I'm still positive on the day. Almost 2%. On a dollar standpoint it's more then I used to 'try' to it, yet I feel unsatisfied because I 'left' money on the table given I exited early.


It's still nagging at me despite knowing all the rational and logical reasons that it's okay. Just one trade. Small wins stack. I don't need to time the bottom or top, I just need to catch a piece of a clear setup. That's what I did. That's what I'll continue to do.


Ended just +.93% but up!



 
 
 

Recent Posts

See All
February 3

+6.5% Positions were 60 delta 1-3 cons There was one trade where it became obvious and so I added cons for a quick in and out. One other time I took a 10 contract position. I stopped out for a 5% loss

 
 
 
February 2

Sigh. I 'missed' the rip. Then expected and waited patiently for a reversal. It started to happen. I hesitated and missed. Determined not to miss it again I sized in early, averaged down, averaged dow

 
 
 

Comments


Pop Capital 2025

Powered and secured by Wix

bottom of page