As you can see, I've had 2 consecutive closes in my stop zone (which was 2 levels of support below my entry). No big deal, a loss is simply a loss - it's to be expected.
I originally bought my Call Option for $2.24 and sold it today for $0.92, so I took a $1.32 loss or a 59% ROI loss.
So, what do I do now? Cry? Get ticked off and kick the dog? Re-vamp my entire trading process? Quit trading altogether? Visit a Shrink?
No, I do what all profitable professional traders do - I look for the next trade.
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