Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

10
Blew up my account for the second time
Post Flair (click to view more posts with a particular flair)
Post Body

Writing this because I have to get it off my chest. I have been trading options since March of this year, I consider myself still very new at this. I like to think "emotional intelligence" is my middle name and I have my studies and personal trading rules that I adhere to.

After learning a few tough lessons you start to feel a little more confident in your trades, but nothing prepares you for two things.

  1. Overall lack of market experience - one of my trades just didn't do what the Trading Universe told me it was going to do.
  2. Fat fingers making you choose a short option instead of the longer one you planned diligently for... This one hurts the most because it is just a pure accident, not a lack of experience or anything along those lines, just my mistake...ugh.

Anyway, just wanted to share some thoughts on my blowing up my account for the second time.

Trading is my wealth growing strategy (not a lambo's and mansions kind of wealth, just offsetting some debt/hoping to have some sort of net worth at the end of my life kind of wealth). I still fully believe in myself and am not going to let this dishearten me.

Thanks for coming to my Ted Talk!

Editing to add: It was a small account. I didn't lose my life savings here or anything. Still hurts like hell though lol.

Author
Account Strength
80%
Account Age
4 years
Verified Email
Yes
Verified Flair
No
Total Karma
9
Link Karma
7
Comment Karma
2
Profile updated: 2 days ago
Posts updated: 10 months ago

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
4 years ago