So, when I checked the market on my mid-day check, I looked at the price action and thought to myself : "why didn't I get an email notification about filling the long Calls? Humm, did the order fail to fill, or the email is simply late in its delivery.. let me check" Of course, when I opened the trading station, my next thought was: " ohh CRAP!" :)
Ok, what do you do when you find yourself like that? In the past I would simply spiral out of control, hedge the position and watch the market back off, making me even more upset.. Spend the entire day cursing myself for forgetting the contingent order on the first place, and then for ultra-hedging at the market's top...
...This time around it was different. I realized we had already moved 2 st. deviation, an extreme by all means, and that VerticalSolutions was showing a retreat in its strenght.. So, I went to lunch, came back and heged the position after the market retreated and when VerticalSolutions started to show a bounce in market strenght. Nice job Gustavo.. Yes, that is my self coach speaking.. :)
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