Started trading options with 500 back in January, took 2 months and got it to 5k. Then Went up to 11k in a week…, went all in and rode it up a high to 16k but then went back down to 2k because of an overnight gap. Took that and went all in on the SPY 0DTE and went back to 12k in 1 hour. Then went almost all in today on a ODTE and went back to just under 3k today because I held too long…could have locked in some good profits early on. I would have so much more if I decided to sell when it was up a good percentage instead of waiting for that sometimes crazy exponential gain. I feel a little disassociated and need food lol. And to trade better. How do you all recoup from losses mentally? I'd love to get really good at this.

    Options trading is nuts on the mind especially the SPY
    byu/OtherTennis7629 inwallstreetbets



    Posted by OtherTennis7629

    23 Comments

    1. LankyLibrary7662 on

      No crying in casino! Put the fries in bag! πŸ˜” 😟 πŸ™ πŸ˜₯

    2. 888mainfestnow on

      After a win pay yourself first or at least set aside the tax money yes transfer it away from your port.Β 

      Maybe you won’t make unclear moves if you don’t feel like your just using house money that’s partly taxes due?Β 

    3. Don’t gamble with any funds meant to keep the lights on, after that it’s just like cracking the screen on your phone or losing those badass ear pods. Shit happens.

    4. CanDense3994 on

      I was up then down then up then black then red then the 00 hit and I was wiped out

    5. stupidand123 on

      500 to 16k is a 30x. which means if you just do the same as what you did, you can get 3k to 90k. it’s as easy as that

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