I closed 3.0 unit(s) $SMCI VERTICAL 250417 PUT 20.0/PUT 18.0$  ,

Closed out this losing trade to free up equity for the volatility ahead. 

This trade was also a thorn since it would have panned out ok with the naked short put trade. 

I panicked and covered with long puts that immediately put this trade at a at least 100% loss in Nov and it became very hard to look at. 

Emotion management is still a huge lesson which I am humbled every time it happens. 

# Trade Feed: Who is your favorite star traders?

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  • Thank you for sharing  with us. Wishing you continued success in your value investing and swing trading journey, and may your Cashboost account be a significant asset in your financial growth. 
    Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
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  • Classic "double down on bad" move.That's like buying flood insurance when your basement's already underwater.
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  • Merle Ted
    ·04-03
    I am adding. People will connect the dots. This will be a catalyst in the end for the SMCI structure.
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  • DeltaDrift
    ·04-03
    Thanks for sharing[Strong]
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  • KSR
    ·04-03
    👍
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