Theta keeps burning me
How can I avoid getting burned by theta, I pick a good stock with nice premarket volume, I get my entrance and execute it perfectly we move down and it’ll just chop, I hold due to trends still indicating a lower downtrend but still somehow get caught in the theta burn. I traded $Spy all last year with a couple of other tickers in between and I’ve completely been teaching myself with no support I can be profitable at times but as of rn I’m really struggling with what I should be trading. I called $coin perfectly this morning and $MSTR and went with $MSTR just to get burned. What are some things I can do to switch it up with my tickers or just something to change when it comes to what I’m seeing pre market