8 months. 944 trades. All options on (mostly) equities, SPX and ETFs. No 0TDEs, always weeklies at the very minimum. Traded verticals, calendars, condors & butterflies.
I genuinely thought I was the smartest guy in the room back in the summer.
All it took was a bad losing streak late in the summer and before I knew it I was rather arbitrarily martingaling certain positions just to “get back up to where I was”.
8 months of getting Dunning-Kruger’d
https://www.reddit.com/gallery/1pwhr4s
Posted by rnsouthern
17 Comments
Only regarded people secure their profits
https://preview.redd.it/43wt77a5rm9g1.png?width=1080&format=png&auto=webp&s=8e5b3d457a3baf0e6c1c4422fe2e6d9b204de33c
Just tell yourself you made 20k profit and don’t look at the current balance problem solved.
No one cares
Whoops
Not trying to rub anything in, but…
https://preview.redd.it/y5hkzvhfwm9g1.jpeg?width=1080&format=pjpg&auto=webp&s=c81937e83a264ec6fc8f20ccd5e901427678965b
https://preview.redd.it/jfne7g9rym9g1.jpeg?width=1280&format=pjpg&auto=webp&s=cbcf6b23045f6f875c5e5c2a4436a5b1993adc01
interactive brokies
you still have 2k to go.
OMG 944 trades….
I dont think you have been reading the geopolitical room. Tarrifs and wars always make things tank except commodities.
Im also the same, biggest profits in september then lost it all in december er calls now back to 1K
Not impressive. I did that feat in just 5 business days
Memories are forever
Now get back to $20k so you can tell use how this was gambling but now you learned and have a foolproof system.
As the old saying goes, “Make money by luck, go broke by talent.”
You always buy two legged debit spread, and four legged? Those should have limited risk. I wonder if you size too big. From the graph, it has been gradual losses. Would be nice to elaborate on it more
They say it is easy to make money. But it is pretty hard to keep it. That is true