Mistakes were made?

Hey there, fellow traders and readers!

I've got a funny story to share with you today. Just as I launched our newsletter, I found myself making a couple of classic trading mistakes. Yes, you read that right—just when I was supposed to be doling out advice and insights, I stumbled into some missteps of my own!

It's a reminder that no matter how much you know or think you know about the market, there's always room to learn and grow. Trading, as many of you know, is as much about psychology and discipline as it is about charts and numbers.

So, what happened? Well, without getting into the nitty-gritty details, let's just say I got a bit too enthusiastic (and greedy) about a a couple of stocks, ignored some crucial signals, rushed into the trades, and ended up with a less-than-ideal outcome. It happens to the best of us, right?

But here's the thing: every misstep is a learning opportunity. It's a chance to reassess strategies, refine our approach, and, most importantly, stay humble. The market has a way of keeping us on our toes, reminding us that even the most seasoned traders can slip up from time to time.

On a positive note, as my main strategy revolves around selling puts, i’m just going to be stuck for a little longer than expected into a few positions.

Stocks I took assignment on:

  • MARA at $19.5

  • CLSK at $15.85

  • CIFR at $4.5

  • RIOT at $9.5

I do remain bullish so this does not make me worried, however is definitely not the best use of my cash and time.

I’m currently waiting to rather sell calls on the next push, or close the trades and go back to selling puts. I did collect a very nice premium for these, so i’m not really at a loss

Stay tuned for more updates, analyses, and of course, a healthy dose of honesty about the ups and downs of the trading world.

Until next time!