Couldn’t post these due to my other real job.

#vxxgame:

STO Feb2  UVXY 27 put strike @.40

STO Feb ’16 SVXY 45 call @.60

STO Mar 1 UVXY 23 put @.65

STO Feb2 UVXY 29 put @.65

BTC Jan5 UVXY 82 call @.18-Probably would expire worthless, but nice two day gain and in this market I choose to error on the side of caution and take it when I have the nice gain.

BTC Feb1 25 put @.06

#miners

STO DUST Feb4 12 put @.55  I now have equal calls and puts on both sides for February.

#psychology

I just wanted to comment on what I feel is the most important part of trading and that is psychology.  Hopefully this spurs a continued theme here whereby we can notice certain traits with each other and help with self-coaching in this area as it can make you or break you as a long term and profitable trader.

My 3 main areas I am focusing on as strengths and weaknesses right now:

1.  Position sizing-Strength – I have made some erroneous trades this last year and what has saved me is my position sizing based on my rules per my account size

Goal-Continue with proper position sizing going forward

2. Discipline-Big Weakness- This is an area whereby I need to really focus my  self-coaching.  I make impulsive direction trades sometimes that are based on “gut” and  not a plan or a setup.

Goal: I’ve started to create a set of daily trading plans using Evernote on my phone (Since most of my trades are via phone due to work) The plan includes If/Than statements same as an Algo would have setup in a trading strategy.

3.  Stop/loss– Moderate weakness- Sometimes I have good stops and sometimes I let it go too far taking a larger loss than I should before an adjustment.

Goal-Write a plan for each month in my #vxxgame  #miners and #/esfutsoptions of what my stops are targets are for each position.

Jeff and everyone,

I hope I did not clutter the site too much with this post and want to keep a continued #tag going on various #psychology self-coaching cues and strategies that could benefit everyone.

Enjoy your weekend!