Only make trade that let you sleep well

I had a couple of bad days recently.

There were positions, that in retrospective were to big for my account.

I need that saftety net that I can get assigned a stock – so my hypothesis could be wrong in the first place.

And I found out, that I get nervous, when I am in danger to be assigned a naked call. So I am going to avoud them in the future.

Strategy decision: I am only going to do wheel trades.

I had good experiences in the past, but then I wanted to grow faster. Instead of a wheel, it ended up in a wall.

So I am back in the wheel section again.

It isnt sustainable to make 2% profit per week only to loose 8 weeks of profit in a bad trade.

If you wanna go fast, go slow.

And that’s what I’m going to do from now on. Feed the compound early and let it play out later.