Took a lesson in patience. Couldn't wait for the bounce and put in a couple of positions based on my "reading" of the charts. I'm down a thousand now.
But no despair, let's see if I can maintain discipline. A slight update to the strategy: strike price at EMA20 or EMA6, in the direction of previous day's EMA20 or EMA6. Together with the idea of stop hunting, I believe I'm still in the game. Let's do this!
Yours,
X
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