First off, I hope you folks are using the free Trader’s Diary feature here on Slope. Filling in the day’s events has become a daily habit for me.
My self-assessment “grades” have been strong all year with one exception, which was back on February 9th when I gave myself a C+. The reason was that I muffed my Credo (CRDO) trade, and I was pretty pissed at myself.
In retrospect, this was an opportunity, because after reassessing the chart following its surprising pop, I went long June puts. Since then, the topping pattern has refined itself, and things are looking quite good long-term. After all, with 106 days left on these puts (which even with the recent rally are already up 18.5%) this position has plenty of promise.
I encourage everyone, from Sloper all the way up to Platinum, to use the diary. It’s a terrific opportunity for self-reflection.
