This morning I was up almost 20k on my puts and honestly, I got greedy.

    I started adding more even when the trade was going against me, which is something I usually never do.

    My rule has always been not to add to a losing position, because most of the time it just makes things worse.

    Today could’ve gone really bad, not gonna lie. I was stressed the whole time.

    Somehow it turned around and I ended the day up 28k+, but it didn’t even feel good like that.

    Definitely a wake-up call. Gotta stick to discipline over emotions.

    Taking a break from this for a bit, today was too much. Im still in shock today barely survived.

    https://www.reddit.com/gallery/1s2xzhr

    Posted by imsuffi

    21 Comments

    1. FinalbossShaggy on

      remember that the global markets are at the mercy of an orange. congrats on your wins though and f*k you

    2. >I was stressed the whole time

      Continues to buy more and triples down while simultaneously shitting his pants. Love to see it. Congrats regard!

    3. See you tomorrow.

      This whole thing of the “Traditional IRA” having $21.54 in it is never going to get old.

    4. I did the same buying as it went up but sold for a loss instead of holding like a paper handed fairy

    5. PastaOfMuppets_HK on

      Glad this worked out in the end but generally speaking if the 0dte play is not going your way, cut your losses **really fucking early** rather than dip buying – can really dig a deep hole..

      That said see you at open tomorrow buddy

    6. CanonicalCockatoo on

      Can I have some of that? I promise to throw it all on puts I have zero research in.

    7. PretendAgency2702 on

      You risked 89k all at once in 0dtes to make 28k. That’s not a winning strategy and you’ll quickly find out why when you hit a -30%+ and hit a stop loss, if you’re lucky, or they expire worthless.

      I risked at most 2.5k multiple times with 0dtes and made 15k. My stress level was almost at zero while yours was likely sky high. 

      I highly suggest you change how you trade or your account will quickly look like your 401k.

    8. Man. The last week I added to 3 losing positions after being green in them and got my shit rocked badly. Glad you were thrown a lifeline

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