S&P 500 E-mini Futures
Short

Got cooked in chop today! Learn Why!

38
10/4/22 Got cooked in chop today in the closing hour. Got greedy and degenerate. Puts were in profit but held and got Theta burned to expiration. The price action never broke structure. THAT WAS THE SIGN TO NOT ENTER ANY PLAY!!!!!
It never broke the Equal Highs or the recent low going into the close. There was never misplacement so any of the FVG or actionable signals had no momentum or liquidity. It traded inside until literally the last minutes of the close. Options got burned for sure.

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